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The latest update is out from Gav Yam ( (IL:GVYM) ).
Gav Yam, under its subsidiary Economical Report Ltd., has announced updates related to its bond issuance strategy. The company is focusing on issuing additional bonds under the ‘Hachverah’ series to finance its operations over the upcoming years. The bond issuance will occur in several installments, beginning March 15, 2024, and involves Series A and Series B bonds, with maturity periods of 16 years and semi-annual interest payments. The Series A bonds are valued at 708,569,000 NIS, with a total expected issuance of 1,733,915,185 NIS, while Series B bonds are valued at 391,024,000 NIS, to be issued on July 1, 2024.
More about Gav Yam
YTD Price Performance: 11.77%
Average Trading Volume: 128,036
Current Market Cap: ILS6.96B
For an in-depth examination of GVYM stock, go to TipRanks’ Stock Analysis page.