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June 29, 2014
12:42 EDTEMITFElbit Imaging announces agreement for investment in InSightec
Elbit Imaging announced that InSightec has entered into a Series D Preferred Share Purchase Agreement with York Global Finance II S.a r.l., an affiliate of York Capital Management, pursuant to which the Investor and certain Subsequent Investors, shall invest between $50M and $62.5M in InSightec. The company holds approximately 90% of the share capital of Elbit Medical Technologies which, in turn, holds approximately 48.2% of the share capital in InSightec. As part of the transaction, Elbit Medical and other current shareholders of InSightec have agreed to amend the Securityholders Agreement among them.
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September 28, 2014
13:50 EDTEMITFElbit Imaging announces drawdown under refinancing agreement
Elbit Imaging announced that its approximately 77% holding subsidiary, S.C. Bucharesti Turism, as borrower, the company as a guarantor, certain other subsidiaries of the company as additional obligors and a leading international European bank, as lender, have entered into an amendment to the facilities agreement between the aforementioned parties entered into on September 16, 2011 which facilitates the drawdown of the second facility under the Facilities Agreement and that BUTU has consummated such drawdown in the amount of approximately Euro 9M. The principal amount of the loan under the Facilities Agreement following the drawdown of the Tranche B Facility, as of the date hereof, amounts to approximately Euro 64M. The proceeds of the Tranche B Facility were used in their entirety to repay shareholders loans to the Company. The Tranche B Facility bears the same interest rate as the Loan and is secured by the same collateral securing the entire Loan, as described under the heading "Loans" in Item 5 of the company's Annual Report on Form 20-F for fiscal year 2013 as filed by the company on April 30. The Tranche B Facility will be repaid, in one payment, at the maturity date of the Loan on June 30, 2016.

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