Israel’s B Communications plans new debentures, to redeem dollar notes

By Marisa Wong

Morgantown, W.Va., Aug. 30 – B Communications Ltd. said it intends to raise funds through an offering of new non-convertible debentures in Israel.

Proceeds will be used to redeem the company’s outstanding dollar-denominated senior secured notes.

B Communications is a Ramat Gan, Israel-based telecommunications holding company.

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