Elbit Imaging submits new debt plan
Elbit Imaging submits sweetened plan that calls for the write-off of NIS 1.8 billion.
Motti Zisser's holding company Elbit Imaging, which is engaged in a range of businesses, including real estate, retail and medical devices, submitted a debt rescheduling agreement to the Tel Aviv District Court on Wednesday calling for the write-off of NIS 1.8 billion in debt. The new plan does not bar claims against Zisser and would leave creditors with 95% of the company's shares, with current shareholders...
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