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Partner Communications Announces an ‘ilA+’ Rating for a Deferred Private Placement

November 28, 2018

ROSH HA’AYIN, Israel--(BUSINESS WIRE)--Nov 28, 2018--Partner Communications Company Ltd. (“Partner” or “the Company”) (NASDAQ and TASE:), a leading Israeli communications operator, reports today that further to the Company’s reports dated September 13, 2017, and September 17, 2017, with respect to the agreement that the Company entered into for a private placement for additional Series F debentures in Israel, which will take place on December 4, 2018, S&P Global Ratings Maalot Ltd. has rated today the deferred private placement of the additional said Series F debentures with an ‘ilA+’ rating in a total amount up to NIS 150 million.

The offering described in this press release is made only in Israel and only to residents of Israel in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act of 1933 (the “ Securities Act ”). The said debentures have not been, and will not be, registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

For further information see S&P Maalot’s report dated November 28, 2018 on: http://www.maalot.co.il/Publications/495/IRPar20181128100228.pdf or its informal English translation attached to the immediate report on Form 6-k to be furnished to the Securities and Exchange Commission.

Forward-Looking Statements This press release includes forward-looking statements, as that term is defined in Section 27A of the Securities Act, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “will”, “believe”, “anticipate”, “expect”, “intend”, “strive”, “seek”, “plan”, “could”, “may”, “foresee”, “target”, “objective” and similar expressions typically convey forward-looking statements, but these words are not the only words that convey such statements. All statements other than statements of historical fact included in this press release, including statements relating to the closing of the deferred private placement of debentures, and any other statements regarding other future events or our future prospects, are forward-looking statements. We have based these forward-looking statements on our current knowledge and our present beliefs and projections regarding possible future events. These forward-looking statements are subject to risks, uncertainties and assumptions about Partner, and possible regulatory and legal developments. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and actual results may differ materially from the results anticipated. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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/

View source version on businesswire.com:https://www.businesswire.com/news/home/20181128005305/en/

CONTACT: Partner Communications

Mr. Tamir Amar

Tel: +972-54-781-4951

Chief Financial OfficerMs. Liat Glazer Shaft

Tel: +972-54-781-5051

Head of Investor Relations & Corporate Projects

E-mail:investors@partner.co.il

KEYWORD: UNITED STATES NORTH AMERICA MIDDLE EAST ISRAEL

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS DATA MANAGEMENT INTERNET AUDIO/VIDEO TELECOMMUNICATIONS MOBILE/WIRELESS PROFESSIONAL SERVICES FINANCE

SOURCE: Partner Communications

Copyright Business Wire 2018.

PUB: 11/28/2018 05:40 AM/DISC: 11/28/2018 05:40 AM

http://www.businesswire.com/news/home/20181128005305/en

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