By Sarah Lizee
Olympia, Wash., April 23 – Singapore-based Kenon Holdings Ltd. said subsidiary OPC Energy Ltd. priced NIS 400 million of 2¾% series B bonds on the Tel Aviv Stock Exchange.
The bond offering consists of an offering to classified institutional investors as well as a retail offering.
Institutional investors had submitted orders for NIS 400 million of bonds bearing a coupon of no more than 2¾%, according to a press release.
Kenon is a Singapore-based investment holding company. Its subsidiaries operate power generation facilities in Israel.
Issuer: | OPC Energy Ltd.
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Issue: | Series B bonds
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Amount: | NIS 400 million
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Coupon: | 2¾%
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Listing: | Tel Aviv Stock Exchange
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