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Partner Communications : Posts the Interest Rate f

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Post# of 17653
Posted On: 05/07/2014 6:26:56 AM
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Posted By: chessmite
Partner Communications : Posts the Interest Rate for the Series D Notes
04/08/2014 | 12:48am US/Eastern


Partner Communications Company, an 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 0.466 percent for the period commencing on March 31, and ending on June 30.

In a release on April 3, the Company noted that 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 0.662 percent and the fixed annual margin for the Series D Notes at a rate of 1.20 percent, representing a total annual interest rate of 1.862 percent.

Partner Communications Company is an Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the orange brand and the 012 Smile brand .
http://www.4-traders.com/PARTNER-COMMUNICATIO...-18223794/



Why Partner?
A leading communications group providing services that include mobile cellular telephony, fixed-line telephony, international telephony, internet services, transmission, data communications, and PRI.
The group operates through strong communications brands: Orange and 012 Smile .
A major cellular operator commanding approximately 29% of the Israeli communications market.
The first to be prepared to introduce 4G services.
Superior customer service and operational excellence.
Strategic agreement for network sharing with Hot Mobile (subject to approval by the regulatory authorities)
The Saban Group holds approximately 31% of the share capital, offering a wealth of added values, as well as vast experience in the communications market.
http://www.orange.co.il/en/Investors-Relations/lobby/

......looks like trip for today is a no go, (other 1/2 is Dragon).......sleep baby sleep..
Have mentioned Smile Communications before.


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