Israel’s Elbit repurchases NIS 8.52 million series H senior notes

By Tali Rackner

Norfolk, Va., Oct. 22 – Elbit Imaging Ltd. repurchased NIS 8,515,818 principal amount of its series H senior notes from Oct. 12 to Oct. 22 for a total price of NIS 7,445,810, according to a filing with the Securities and Exchange Commission.

The average weighted price for the notes was 87.43% of par.

The repurchase was part of buyback program for the notes which also includes the company’s series I notes.

Elbit Imaging is a company based in Tel Aviv with interests in commercial centers and other mixed-use real estate projects, predominantly in the retail sector, located in Central and Eastern Europe, hotels, medical industries and devices and residential projects, primarily in India.

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