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Published on 9/9/2021 in the Prospect News Emerging Markets Daily.

New Issue: Kenon’s OPC Energy unit sells NIS 851 million 2˝% bonds due 2030

By William Gullotti

Buffalo, N.Y., Sept. 9 – Singapore-based Kenon Holdings Ltd. said subsidiary OPC Energy Ltd. priced NIS 851 million of 2˝% series C bonds, according to a 6-K filing with the Securities and Exchange Commission.

The bonds are repayable over 12 semiannual payments beginning in February 2024 and with the final payment in August 2030.

Kenon is a Singapore-based investment holding company. Its subsidiaries operate power generation facilities in Israel.

Issuer:OPC Energy Ltd.
Issue:Series C bonds
Amount:NIS 851 million
Maturity:August 2030
Coupon:2˝%
Announcement date:Sept. 9
Listing:Tel Aviv Stock Exchange

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