Partner Communications Reports The Interest Rate For The Series D Notes For The Period Commencing On October 1, 2021 And Ending On December 30, 2021

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Partner Communications Company Ltd. (NASDAQ: PTNR) announced that its Series D Notes will bear an interest rate of 0.301% for the period from October 1, 2021 to December 30, 2021. The interest rate is based on an annual yield of short-term debt issued by the State of Israel at 0.02% plus a fixed margin of 1.20%, resulting in a total annual interest rate of 1.202%. This announcement relates to the Company's Shelf Prospectus and is not an offer to sell or solicit any securities.

ROSH HA'AYIN, Israel, Oct. 5, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, reports, pursuant to the Company's Shelf Prospectus dated September 3, 2009, as amended to date, and the Supplemental Shelf Offering Report dated April 15, 2010, as amended to date (the "Offering Report"), that the Company's Series D Notes will bear interest at a rate of 0.301% for the period commencing on October 1, 2021 and ending on December 30, 2021.

Such interest rate is based on an annual yield of short term debt issued by the State of Israel ('Makam') (as defined in the Offering Report) at a rate of 0.02% and the fixed annual margin for the Series D Notes at a rate of 1.20%, representing a total annual interest rate of 1.202%

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

About Partner Communications

Partner Communications Company Ltd. ("Partner") 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 is the interest rate for Partner Communications' Series D Notes?

The interest rate for Partner Communications' Series D Notes is 0.301% for the period from October 1, 2021, to December 30, 2021.

What is the total annual interest rate on Series D Notes?

The total annual interest rate on Partner Communications' Series D Notes is 1.202%.

When does the interest period for the Series D Notes commence?

The interest period for the Series D Notes commences on October 1, 2021.

What is the duration of the interest period for the Series D Notes?

The duration of the interest period for the Series D Notes is until December 30, 2021.