DGAP-News: Gazit-Globe Completes a NIS 451 Million (US $128 Million) Offering of Unsecured Debentures
(firmenpresse) - Gazit-Globe
28.10.2013 09:24
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TEL-AVIV, Israel, 2013-10-28 09:24 CET (GLOBE NEWSWIRE) --
Gazit-Globe (TASE:GZT) (NYSE:GZT), one of the world's leading multi-national
real estate companies focused on acquisition, development and redevelopment of
supermarket-anchored shopping centers in major urban markets, announced today
that it had completed an offering of a new series of unsecured CPI-adjusted
debentures, Series 12, for total gross proceeds of approximately NIS 451
million (approx. US $128 million).
The debentures bear an annual interest rate of 4.0%, CPI-adjusted, payable
semi-annually, with a duration of 9.8 years and a final maturity date of June
2027.
The debentures have a domestic credit rating of ilAA- with a stable outlook
from S&P Maalot and a domestic credit rating of Aa3 with a stable outlook from
Midroog (Moody's domestic subsidiary).
The underwriters syndicate was led by Leader Capital Markets and Clal Finance
and included Barak Capital, Excellence Investments, APEX Investment, Discount
Capital Markets&Investments, Leumi Partners, Poalim IBI, and Inbar Finance.
The Company will use the net proceeds from the offering to reduce the
outstanding balance under its revolving credit facilities and for general
corporate purposes.
FORWARD LOOKING STATEMENTS
This release may contain forward-looking statements within the meaning of
applicable securities laws. In the United States, these statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of known and unknown risks
and uncertainties, many of which are outside our control, that could cause our
future results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or contribute to
such differences include risks detailed in our public filings with the SEC and
the Canadian Securities Administrators. Except as required by applicable law,
we undertake no obligation to update any forward-looking or other statements
herein, whether as a result of new information, future events or otherwise.
About Gazit-Globe
Gazit-Globe is one of the largest owners, developers and operators of
supermarket-anchored shopping centers in major urban markets around the world.
In addition, the Company is active in North America in the healthcare real
estate sector. Gazit-Globe is listed on the New York Stock Exchange (NYSE:GZT),
the Toronto Stock Exchange (TSX:GZT) and the Tel Aviv Stock Exchange (TASE:GZT)
and is included in the TA-25 and Real-Estate 15 indices in Israel. Gazit-Globe
owns and operates 592 properties in more than 20 countries, with a gross
leasable area of approximately 6.7 million square meters and a total value of
more than US$20 billion.
CONTACT: For Additional Information
Investors Contact: IR(at)gazitgroup.com,
Media Contact: press(at)gazitgroup.com
Gazit-Globe Headquarters, Tel-Aviv, Israel,
Tel: +972 3 694 8000 / New York Office, Tel: +1 212 897 9741
www.gazitglobe.com
News Source: NASDAQ OMX
28.10.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Gazit-Globe
Panama
Phone:
Fax:
E-mail:
Internet:
ISIN: PAL0605071A3
WKN:
End of Announcement DGAP News-Service
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Datum: 28.10.2013 - 09:24 Uhr
Sprache: Deutsch
News-ID 309675
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Kategorie:
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