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Ellomay Capital Raises Funds Through Debenture Placement
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Ellomay Capital Raises Funds Through Debenture Placement

Ellomay Capital Ltd Ordinary Sh (IL:ELLO) has released an update.

Ellomay Capital Ltd., an energy company, has announced a private placement of its Series F Debentures, raising approximately NIS 37.8 million from Israeli classified investors. The debentures, with a total outstanding value of NIS 210 million following the placement, will mature with repayments from 2027 to 2030 and bear a fixed annual interest rate of 5.5%. The offering is contingent upon approvals from the Tel Aviv Stock Exchange and the Israeli Tax Authority, and the securities will not be registered in the U.S. under the Securities Act.

For further insights into IL:ELLO stock, check out TipRanks’ Stock Analysis page.

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