Middle East Economic Survey
VOL. XLVIII
No 9
28-February-2005
ISRAEL
S&P Assigns Delek & Avner Yam Thetis Debt Preliminary BBB- Rating
Ratings agency Standard & Poors (S&P) on 18 February assigned a preliminary BBB- rating with stable outlook to the proposed $275mn senior secured notes to be issued by Israel-based Delek & Avner Yam Thetis Ltd. The notes, which mature on 1 August 2013, will be issued in two tranches: a fixed-interest-rate tranche and a floating-interest-rate...
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