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Ellomay ( (IL:ELLO) ) just unveiled an update.
Ellomay Capital Ltd. has announced its exploration of a potential public offering and listing of a new series of debentures in Israel, publishing a draft deed of trust as part of the process. This potential offering is aimed at raising funds primarily for general corporate purposes, including debt recycling. The execution of this offering is contingent on board approval, regulatory clearances, and favorable market conditions, with no assurance on its finalization or terms.
More about Ellomay
Ellomay Capital Ltd. operates in the renewable energy sector, focusing on the development and management of power plants in Israel, Spain, Italy, and the United States.
YTD Price Performance: 6.73%
Average Trading Volume: 4,665
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $221M
For an in-depth examination of ELLO stock, go to TipRanks’ Stock Analysis page.
