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Delek Group Announces New Bond Series M Issuance

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Delek Group Announces New Bond Series M Issuance

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Delek Group ( (IL:DLEKG) ) just unveiled an update.

Delek Group Ltd. has announced the issuance of a new bond series, referred to as Bond Series M, which was executed through the public issuance process at the Tel Aviv Stock Exchange. This issuance, amounting to 1,062,080,000, marks a significant adjustment in the company’s securities register, following a shelf prospectus and offering report. The impact of this bond issuance is likely to enhance Delek Group’s financial flexibility and potentially strengthen its market position, as it increases the total balance of the securities issued by the company.

More about Delek Group

YTD Price Performance: 19.20%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.81B

For a thorough assessment of DLEKG stock, go to TipRanks’ Stock Analysis page.

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