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Prospect News home > News index > List of issuers I > Headlines for Israel Electric Corp. Ltd. > News item
Published on 5/1/2008 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Israel Electric talks benchmark-sized 10-year dollar bonds at Treasuries plus 375 bps

By Aaron Hochman-Zimmerman

New York, May 1 - Israel Electric Corp. (Baa2/BBB+) issued talk at Treasuries plus 375 basis points for its dollar-denominated benchmark-sized 10-year bonds, according to a market source.

Pricing is expected on Friday.

Citigroup and Lehman Brothers will act as bookrunners for the Rule 144A and Regulation S deal.

Israel Electric is a Haifa, Israel-based state-run utility.


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