January 31, 2019 / 12:32 PM / 22 days ago

Israel's Bank Leumi raises 2.35 bln shekels in debt issue

JERUSALEM, Jan 31 (Reuters) -

* Leumi, Israel’s largest bank by assets and market value, said on Thursday it raised 2.35 billion shekels ($645 million) in a two-part debt offering.

* In the offering to institutions and the public this week, Leumi sold a series of bonds that will pay annual interest of 2.02 percent and convertible notes called CoCos that will pay 2.42 percent.

* The bank had said it would sell up to 2.6 billion shekels of bonds and notes.

* ($1 = 3.6421 shekels) (Reporting by Steven Scheer; Editing by Tova Cohen)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below