By Susanna Moon
Chicago, Feb. 12 - Adama Agricultural Solutions Ltd. said it placed an additional NIS 527 million of its series D debentures due 2016.
The add-on priced at NIS 1,080 per NIS 1,000 to yield 2.64%.
The company issued 487,795 units, with each unit including NIS 1,000 par value of series D debentures, according to a press release.
Proceeds will be used to refinance debt maturities and finance the company's continued growth.
Adama is a Tel-Aviv, Israel-based manufacturer and distributor worldwide of crop-protection solutions.
| Issuer: | Adama Agricultural Solutions Ltd.
|
| Issue: | Series D debentures
|
| Amount: | NIS 527 million
|
| Maturity: | 2016
|
| Price: | 108
|
| Yield: | 2.64%
|
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