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Bethel Finance news:
Israel Natural Gas Lines has successfully raised the NIS 500 million required to build a floating transport terminal near the Hadera coal pier. The government company completed the round of fund raising by issuing institutional bonds in a private placement with 4.8% interest. Demand for the bonds totaled NIS 650 million. Standard & Poor's Maalot Ltd. rated the bonds AA.
Israel Natural Gas Lines chairman Ron Chaimovski said that raising the funds was "complex and not simple and testifies to the great confidence expressed by the capital market in the energy market and Israel Natural Gas Lines in particular."
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