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An announcement from Amot ( (IL:AMOT) ) is now available.
Amot Real Estate Investment Company announced the completion of a private placement of Series B debentures totaling NIS 1,976,860,000, targeting institutional investors. The debentures, which will be traded on the Tel Aviv Stock Exchange, bear a 2.6% annual interest rate and are unsecured, reflecting the company’s strategic focus on financial growth and debt repayment.
More about Amot
Amot Real Estate Investment Company operates in the real estate industry, focusing on investment opportunities and financial growth strategies. The company aims to strengthen its market position through strategic financial maneuvers and maximizing shareholder value.
YTD Price Performance: 4.05%
Average Trading Volume: 545,406
Current Market Cap: ILS10.27B
For a thorough assessment of AMOT stock, go to TipRanks’ Stock Analysis page.