Israel’s Partner Communications sets 0.356% coupon for series D notes

By Sarah Lizee

Olympia, Wash., Oct. 4 – Partner Communications Co. Ltd.’s series D notes will bear interest at a rate of 0.356% from Oct. 1 to Dec. 30, according to a 6-K filing with the Securities and Exchange Commission.

The interest rate is based on an annual yield of short-term debt issued by the State of Israel at a rate of 0.223% and the fixed annual margin for the series D notes at a rate of 1.2%, representing a total annual interest rate of 1.423%.

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

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