Over-demand in ILDC´s bond issue – demands of more than NIS 1 billion – four times the original planned capital raise
As part of the institutional stage, the Company raised NIS 285 million The institutional tender for a new series of bonds (Series 21) was locked at an interest rate of 1.8%, compared with a maximum interest rate of 2.7% that the Company offered to investors Tomer Katz, VP of Investments and Business Development of ILDC: […]
Menorah expresses confidence in ILDC – reached a holding of about 5.59% of the shares of ILDC
About two months after its entry into the TA-90 index, ILDC reported that Menorah Mivtachim is becoming an interested party in the company. Menorah reached a holding of about 5.59% of the shares of ILDC, which represents 2.8% of the voting rights in the company, following an acquisition of ILDC’s shares in the sum of […]
Maalot S&P expressed confidence in ILDC: raised ILDC´s rating to ´ilA-, following continued improvement in the financial profile
“ILDC completed a number of actions in recent years that have improved the coverage and leverage ratios. In the next two years a gradual improvement in coverage ratios is expected to be continued, following actions to increase EBITDA and stability in financial expenses Maalot indicates that implementation of the company’s business plan, will enable further […]