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Nofar Energy Expands Bond Series to Boost Financial Flexibility

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Nofar Energy Expands Bond Series to Boost Financial Flexibility

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Nofar Energy ( (IL:NOFR) ) has issued an update.

Nofar Energy Ltd. has announced the issuance of new bonds, specifically expanding Series B and Series C, as detailed in a recent shelf offering report. This move involves the allocation of convertible bonds, which can be converted into ordinary shares until June 20, 2029, and are aimed at enhancing the company’s financial flexibility and market operations.

More about Nofar Energy

YTD Price Performance: 7.01%

Average Trading Volume: 35,345

Current Market Cap: ILS3.31B

Find detailed analytics on NOFR stock on TipRanks’ Stock Analysis page.

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