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Nofar Energy Achieves Stable A3.il Rating Amid Economic Challenges

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Nofar Energy Achieves Stable A3.il Rating Amid Economic Challenges

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Nofar Energy ( (IL:NOFR) ) has provided an announcement.

Nofar Energy Ltd. received a stable A3.il rating from Midroog for its private debt issuance worth approximately 380 million NIS, reflecting its solid financial position and ability to meet obligations. The rating suggests a stable economic environment in Israel and indicates moderate improvement with potential risks, highlighting Nofar Energy’s resilience in the face of global economic challenges and geopolitical tensions.

More about Nofar Energy

Nofar Energy Ltd. is a company involved in the energy industry, focusing on renewable energy solutions. The company is engaged in the production and distribution of clean energy, and it plays a significant role in the energy market, aiming to contribute to sustainable development.

YTD Price Performance: 0.01%

Average Trading Volume: 33,035

Current Market Cap: ILS3.3B

See more insights into NOFR stock on TipRanks’ Stock Analysis page.

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