Israel Electric plans to sell more series 32, series 33 bonds

By Marisa Wong

Los Angeles, April 25 – Israel Electric Corp. Ltd. said it plans to issue bonds to the public by expanding its series 32 bonds or series 33 bonds, which were originally listed for trading on the Tel Aviv Stock Exchange Ltd. in July 2021.

The bonds will be issued under the company’s NIS 1 billion shelf prospectus dated May 28, 2021.

The electricity company, which is 99.85% state owned, is based in Haifa, Israel.

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