Israel’s Partner Communications plans NIS 150 million of debentures

By William Gullotti

Buffalo, N.Y., Nov. 29 – Partner Communications Co. Ltd. plans to price up to NIS 150 million of a new series of debentures in Israel, according to a 6-K filing with the Securities and Exchange Commission.

S&P Maalot affirmed an ilA+ rating for the issue.

The offering will take place through a shelf offering and will require approval of the company’s board of directors as well as of the Tel Aviv Stock Exchange Ltd.

Partner Communications is a Rosh Ha’ayin, Israel, mobile communications operator.

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