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Meshek Energy ( (IL:MSKE) ) has provided an announcement.
Meshek Energy – Renewable Energies Ltd. successfully executed an institutional tender, fully allocating 348,911,000 shares at a price of 1,000 New Israeli Shekels per share with an interest rate of 4.18%. This tender, involving bonds (Series B) and underwritten by Giza Zinger Even Underwriting Ltd., reflects the company’s strategic financial maneuvers to engage institutional investors, potentially enhancing its market positioning in the renewable energy industry.
More about Meshek Energy
Meshek Energy – Renewable Energies Ltd. operates in the renewable energy sector, focusing on the provision and management of energy-related products and services. The company is engaged in offering securities, specifically bonds, to institutional investors as part of its financial activities.
YTD Price Performance: 18.75%
Average Trading Volume: 750,243
Current Market Cap: ILS2.19B
See more data about MSKE stock on TipRanks’ Stock Analysis page.