The latest announcement is out from Aluma Infrastr’ ( (IL:ALUMA) ).
Aluma Infrastructure Fund has announced the completion of a full early redemption of its Series A bonds, conditional upon the issuance of Series B bonds. The new Series B bonds, expected to be issued by April 2025, will offer a 30-year term and an annual interest rate of 8.25%, replacing the Series A bonds. The early redemption for Series A bonds is set for November 2024, with a redemption amount of NIS 78,457,744. This move aims to provide investors with better terms and reflects the Fund’s commitment to ensuring a smooth transition in their bond series.
More about Aluma Infrastr’
YTD Price Performance: 15.79%
Average Trading Volume: 920,874
Current Market Cap: ILS152.8M
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