JERUSALEM, April 11 (Reuters) -
* Hapoalim, Israel’s largest bank, said on Wednesday it plans to raise 2 billion shekels ($569 million) in a private bond offering.
* The bank will sell 1 billion shekels of a regular series of inflation linked bonds.
* It will also sell 1 billion shekels of inflation-linked deferred notes known as CoCo bonds.
* The bank said the amounts could be higher or lower depending on demand.
* The CoCo bonds are rated ‘AA’ and regular bonds ‘AAA’ with a stable outlook by Standard & Poor’s Maalot. Midroog, the Moody’s affiliate in Israel, rates the CoCo bonds ‘Aa3’ and regular bonds ‘Aaa’ stable.
* ($1 = 3.5156 shekels) (Reporting by Steven Scheer; Editing by Tova Cohen)