ROSH HA'AYIN, Israel--(BUSINESS WIRE)--
Partner Communications Company Ltd. ("Partner" or "the Company")
(NASDAQ and TASE: ),
a leading Israeli communications operator, announces today that
further to the Company's report dated December 13, 2017, with respect to
the uniform weighted discount rate for the Series F debentures, the
Company's report dated December 12, 2017 with respect to the results of
the issuance of the additional Series F debentures of the Company by way
of expansion of a Series and the Company's reports dated September 13,
2017 and September 17, 2017 with respect to the agreement that the
Company entered into for a private deferred placement for additional
Series F debentures in Israel on December 4, 2018 (the "Additional
Debentures" and the "Additional Issuance",
respectively) and with respect to the discount rate created following
the Additional Issuance, and in accordance with the approval from the
Israel Tax Authority of a "green track" arrangement that the Company
received, on December 4, 2018 the Additional Debentures were allocated
as part of the Additional Issuance. The price at which the
Additional Debentures were allocated is 100.3 agorot for each NIS 1 par
value Series F Debentures, the discount rate that was created in respect
of the debentures that were issued as part of the Additional Issuance is
0.65868% (remains unchanged).
Therefore, the uniform weighted
discount rate according to a formula that weights the discount rate for
the existing Series F debentures, with the discount rate as determined
in the Additional Issuance of the additional debentures is 0.085223%.
The offering described in this press release was made only in Israel and only to residents of Israel in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act of 1933 (the “Securities Act”). The said debentures have not been, and will not be, registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.
For additional details regarding the Company's existing debentures, see the Company's press release and immediate report (on Form 6-K) dated July 20, 2017 at: or , and on September 13, 2017 at: or and on September 18, 2017 at: or a report published in September 17, 2017 at: and on December 12, 2017 at: or at and on December 13, 2017 at: or at and a report published on August 13, 2018 at: or at: and the Company's Annual Report on Form 20-F for the year ended December 31, 2017 – "Item 5B. Liquidity and Capital Resources" and (on Form 6-K) on August 15, 2018 at or at: ,
About Partner Communications
Partner
Communications Company Ltd. ("Partner") is a leading Israeli
provider of telecommunications services (cellular, fixed-line telephony,
internet and television services). Partner’s ADSs are quoted on the
NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv
Stock Exchange (NASDAQ and TASE: PTNR).
For more information
about Partner see:
View source version on businesswire.com:
