Partner Communications Reports the Interest Rate for the Series D Notes for the Period Commencing on October 1, 2020 and Ending on December 30, 2020
Partner Communications Company Ltd. (NASDAQ: PTNR) announced that the Series D Notes will bear an interest rate of 0.313% from October 1, 2020 to December 30, 2020. This rate is derived from a 0.052% annual yield on short-term debt issued by the State of Israel and a fixed margin of 1.20%, totaling an annual interest rate of 1.252%. The press release clarifies that it does not constitute an offer to sell or solicit securities. Partner is a top provider of telecommunications services in Israel, trading on both NASDAQ and TASE.
- The interest rate for Series D Notes is set at a low 0.313%, which could indicate favorable financing conditions.
- None.
ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and 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
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
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/
