By Angela McDaniels
Tacoma, Wash., Feb. 28 - Internet Gold - Golden Lines Ltd. reopened its 4.45% series C debentures to issue NIS 130 million of additional notes, according to a company news release.
The company issued NIS 170.33 million of the debentures in September. The total amount of debentures issued is now NIS 300.33 million.
The reopened debentures were placed with Israeli institutional investors and priced at 102.75, which represents a yield of 4.2%.
The debentures are linked to the Israeli Consumer Price Index.
The debentures will be repayable in four equal annual installments on March 10 of each of the years 2016 through 2019.
The debentures are listed on the Tel Aviv Stock Exchange.
Internet Gold is a telephone and internet provider based in Petach Tikva, Israel.
| Issuer: | Internet Gold - Golden Lines Ltd.
|
| Issue: | Reopening of series C debentures
|
| Amount: | NIS 130 million
|
| Final maturity: | March 10, 2019; principal is repayable in four equal annual installments on March 10 of 2016 through 2019
|
| Coupon: | 4.45%
|
| Price: | 102.75
|
| Yield: | 4.2%
|
| Settlement date: | Feb. 28
|
| Rating: | Midroog Ltd.: A3
|
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