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PROPDO LTD Successfully Completes Public Offering

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PROPDO LTD Successfully Completes Public Offering

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PROPDO LTD ( (IL:PRPD) ) has provided an update.

PROPDO LTD announced the results of its public offering, where it issued 67,405,000 units of Series A debentures and 2,022,150 units of Series 4 options, raising a total of NIS 62,586,000. This offering, rated A+ by S&P Global Ratings, will help refinance existing debt and support general corporate purposes, reflecting strategic financial management and potentially strengthening investor confidence.

More about PROPDO LTD

YTD Price Performance: 2.24%

Average Trading Volume: 1,119

Current Market Cap: ILS115M

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

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