Israel’s Internet Gold plans NIS 150 million offering of debentures

New York, June 1 – Internet Gold – Golden Lines Ltd. is considering an offering of NIS 150 million of debentures, according to an announcement from the company.

The series E debentures will be repaid in six installments, 10% per year in five installments to be paid on Dec. 15 of 2019 through 2023 and the final 50% on Dec. 15, 2024.

Internet Gold plans to set the interest rate via auction.

Internet Gold is a Ramat Gan, Israel-based telecommunications holding company.

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