Partner Communications Reports the Interest Rate for the Series D Notes for the Period Commencing on March 31, 2019 And Ending on June 30, 2019
ROSH HA’AYIN, Israel--(BUSINESS WIRE)--Apr 2, 2019--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 0.369% for the period commencing on March 3 1, 2019 and ending on June 30, 2019.
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 0.277% and the fixed annual margin for the Series D Notes at a rate of 1.20%, representing a total annual interest rate of 1.477%.
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:
View source version on businesswire.com:https://www.businesswire.com/news/home/20190402005450/en/
CONTACT: Mr. Tamir Amar
Chief Financial Officer
KEYWORD: UNITED STATES NORTH AMERICA MIDDLE EAST ISRAEL
INDUSTRY KEYWORD: TECHNOLOGY INTERNET TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: Partner Communications Company Ltd.
Copyright Business Wire 2019.
PUB: 04/02/2019 03:31 AM/DISC: 04/02/2019 03:31 AM