Partner Communications Announces That S&P Maalot Has Reaffirmed The Company's ilA+ Credit Rating And The Company's Stable Rating Outlook

Rhea-AI Summary

Partner Communications Company Ltd. (NASDAQ: PTNR) announced that Standard & Poor's Maalot reaffirmed its 'ilA+' credit rating with a stable outlook. This rating applies to the company and its series of debentures, indicating a strong assessment of financial stability. The report, published on August 11, 2021, reflects confidence in Partner's operational performance within the Israeli telecommunications sector, which includes cellular, fixed-line telephony, internet, and television services.

Positive

• Reaffirmation of 'ilA+' credit rating by S&P Maalot.
• Stable rating outlook enhances investor confidence.

Negative

• None.

ROSH HA'AYIN, Israel, Aug. 11, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator reports today that Standard & Poor's Global Ratings Maalot Ltd. ("Maalot"), has published a rating report regarding the Company. In its report, Maalot reaffirmed the Company's 'ilA+' credit rating and the Company's "stable" rating outlook. In addition, Maalot reaffirmed the 'ilA+' rating of the Company's series of debentures.

 

 

For further information see S&P Maalot's full Report dated August 11, 2021 on:  

https://maya.tase.co.il/reports/details/1393022 or its informal English translation attached to the immediate report on Form 6-K furnished to the Securities and Exchange Commission.

About Partner Communications

Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).

For more information about Partner see:

http://www.partner.co.il/en/Investors-Relations/lobby/

Contacts:

Mr. Tamir Amar Deputy CEO & Chief Financial Officer Tel: +972-54-781-4951

Mr. Amir Adar Head of Investor Relations & Corporate Projects Tel: +972-54-781-5051 Email: investors@partner.co.il

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SOURCE Partner Communications Company Ltd.

FAQ

What did S&P Maalot announce about Partner Communications on August 11, 2021?

S&P Maalot reaffirmed Partner Communications' 'ilA+' credit rating and stable outlook.

How does the 'ilA+' credit rating affect Partner Communications' investors?

The 'ilA+' credit rating suggests financial stability, positively influencing investor confidence.

Where can I find more information about Partner's credit rating report?

The full report is available on the TASE website and linked in the press release.

What services does Partner Communications provide?

Partner Communications offers cellular, fixed-line telephony, internet, and television services.

What stock exchanges is Partner Communications listed on?

Partner Communications is listed on NASDAQ and TASE under the ticker PTNR.