Bezeq - Immediate Supplementary Report - Issuance of Debentures
Immediate Supplementary Report
Issuance of Debentures
Tel Aviv, Israel – December 3, 2018 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today that further to the immediate report of January 15, 2018 that subject to the fulfillment of certain preconditions, Israeli institutional investors had undertaken to purchase from the Company in a future private placement, Debentures (Series 9) (the “Offering”), an immediate supplementary report is hereby submitted that on December 3, 2018, following the fulfillment of the Offering’s preconditions, the Company issued to the institutional investors an aggregate amount of NIS 550 million par value of the Company's Debentures (Series 9). The total consideration for the Offering was an aggregate amount of NIS 578,325,000 and it was executed at a rate of NIS 1.0515 per debenture, reflecting an annual yield of 2.7%. The Debentures were issued without discount.
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.