Israel Chemicals preps public offering of debenture series in Israel

By Susanna Moon

Chicago, March 16 – Israel Chemicals Ltd. plans a public offering of a new series of debentures in Israel, according to a 6-K filing with the Securities and Exchange Commission.

Proceeds will be used for refinancing outstanding debt and for the company’s ongoing operation.

The details of the offering, including timing, terms and amount, have not been set, and the issue is subject to approval by the company’s board of directors as well as regulatory approval, publication of a shelf prospectus and a supplemental shelf offering report.

The company said that it could not assure that the shelf prospectus would be approved or that the offering will take place.

The issuer is a fertilizer and specialty chemicals company based in Tel Aviv.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.