Israel Electric returns with USD1bn 10.5-year
09 Feb 2018USD1bn, coupon 4.25%, due 14 August 2028. Reoffer 99.089. Spread UST 2.25% November 2027+155bp. Issuer/expected issue ratings Baa2/BBB. 144a/RegS. Senior, secured by floating charge. Settle 12 February 2018. MWC. Investor put at par in the event of (i) notes downgraded more than two