- Cellcom (NYSE:CEL -4.2%) today wrapped a public tender of debentures that it announcd yesterday.
- The telecom got offers for about 1.2B shekels (about $320.2M) worth, and accepted only "a portion" of the offers.
- Final pricing came to about 103M shekels of series J debentures at 2.45% interest, sold at par value (and linked to the Israeli CPI); and about 304M shekels of Series K debentures, at 3.55% interest, sold at par.
- Total net consideration to Cellcom is about 402.97M shekels ($107.5M).
Cellcom wraps tender for debentures
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