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Partner Communications resets series D notes coupon at 0.297%
Chicago, April 5 – Israel’s Partner Communications Co. Ltd. reset the interest rate on its series D notes to 0.297% from March 31 to June 30, according to a press release.
The interest rate is based on an annual yield of short-term debt issued by the State of Israel at a rate of negative 0.013% and the fixed annual margin for the series D notes at a rate of 120 basis points, representing a total annual interest rate of 1.187%.
Partner Communications is a Rosh Ha’ayin, Israel, mobile communications operator.
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