Kenon unit OPC Energy offers NIS 600 million Series E bonds on TASE
KEN•Demand and expected pricing
Institutional demand reached about NIS 1.33 billion in orders during the preliminary tranche. The final coupon will be set in the retail phase; the expected annual interest rate is capped at 4.56%.
Completion remains subject to approvals
Completion remains at OPC’s discretion, subject to required approvals, including Tel Aviv Stock Exchange clearance.
OPC Energy launches Series E bond offering
Kenon subsidiary OPC Energy launched an offering of NIS 600 million of Series E bonds for listing on the Tel Aviv Stock Exchange.
