Mirland Development Corporation PLC Credit Rating for Bonds (9580Z)
December 16 2014 - 12:20PM
UK Regulatory
TIDMMLD
RNS Number : 9580Z
Mirland Development Corporation PLC
16 December 2014
16 December 2014
MirLand Development Corporation plc
("MirLand" or the "Company")
Midroog has placed MirLand's Series A, B, D, E and F Bonds on
Credit Watch Negative
Further to the Company's announcement of 3 December 2014,
MirLand, one of Russia's leading residential and commercial
property developers, announces that Midroog, a subsidiary of
Moody's Investor Services , the credit rating agency, has placed
MirLand's Series A, B, D, E and F Bonds Baa1 on a local Israeli
scale on Credit Watch Negative due to the economic crisis in
Russia.
For further information, please visit
www.mirland-development.com, or contact:
MirLand Development Corporation plc
Roman Rozental +7 495 787 49 62
roman@mirland-development.com +7 499 130 31 09
FTI Consulting
Dido Laurimore / Nick Taylor/ Ellie
Sweeney +44 20 3727 1000
Investec Bank plc
Jeremy Ellis / David Anderson +44 20 7597 4000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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