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Israel Electric gets board OK to issue up to $500 million debentures
By Angela McDaniels
Tacoma, Wash., Jan. 12 - Israel Electric Corp. Ltd. plans to issue up to $500 million of debentures, according to a company news release.
The company's board of directors approved the Rule 144A and Regulation S offering on Thursday.
The offering remains subject to regulatory approvals.
Israel Electric is a Haifa, Israel-based publicly controlled utility.
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