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Delek Group Successfully Completes Series ‘M’ Bond Auction

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Delek Group Successfully Completes Series ‘M’ Bond Auction

Delek Group ( (IL:DLEKG) ) just unveiled an update.

Delek Group Ltd. has successfully raised 1,170,611,000 NIS through an auction of series ‘M’ bonds, without needing to repurchase any of the issued bonds. The auction saw significant participation, with 84 institutional investors receiving approximately 99.7% of their bids, demonstrating strong market confidence and potentially enhancing Delek Group’s financial stability and market position.

More about Delek Group

YTD Price Performance: 14.87%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.82B

For detailed information about DLEKG stock, go to TipRanks’ Stock Analysis page.

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