By Devika Patel
Knoxville, Tenn., Dec. 9 - Internet Gold Golden Lines Ltd. said it sold NIS 300 million in series B debentures through a private placement. The issue is an add-on to previous series B debentures that were initially issued in September 2007.
The debentures were purchased by institutional investors through a tender.
The debenture price determined by the tender is NIS 1.09, which represents a yield of 4.9%
The tender was lead and managed by Apex Underwriting and Issue Management Ltd. and Poalim I.B.I. - Underwriting & Issuing Ltd. The group also included Leader Issuing (1993) Ltd., Menora Mivtachim Underwriters & Management Ltd., Discount Underwriters and Issuing Ltd., Africa Israel Issuing Ltd. and Giza Zinger Even Capital Markets Ltd.
Internet Gold is a telephone and internet provider based in Petach Tikva, Israel.
| Issuer: | Internet Gold Golden Lines Ltd.
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| Issue: | Series B debentures
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| Amount: | NIS 300 million
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| Price: | NIS 1.09
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| Yield: | 4.9%
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| Underwriters: | Apex Underwriting and Issue Management Ltd. and Poalim I.B.I. - Underwriting & Issuing Ltd. (leads), Leader Issuing (1993) Ltd., Menora Mivtachim Underwriters & Management Ltd., Discount Underwriters and Issuing Ltd., Africa Israel Issuing Ltd., Giza Zinger Even Capital Markets Ltd.
|
| Announcement date: | Dec. 9
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