TEL-AVIV, Israel, March 14, 2017 /PRNewswire/ --
Ellomay Capital Ltd. (NYSE MKT;
TASE: ELLO) ("Ellomay" or the
"Company"), an emerging operator in the
renewable energy and energy infrastructure sector, today announced
that further to the publication of a final prospectus for the
offering of Series B Nonconvertible Debentures (the
"Debentures") and the Company's announcement on March 7, 2017 of the results of the institutional
tender, the public tender (the "Tender") for the Debentures
was held on March 13, 2017.
At the Tender, the Company accepted orders for an aggregate
principal amount of Debentures of NIS
123,232,000 (approximately $33.5
million) at a fixed annual interest rate of 3.44%. The
Company expects that the proceeds from the offering, net of
offering expenses and commissions, will be approximately
NIS 121.5 million (approximately
$33 million).
The public offering described in this press release
was made in Israel only
and not to U.S. persons. The Debentures will not be registered
under the U.S. Securities Act of 1933, as amended, and will not be
offered or sold in the United
States without registration or applicable exemption from the
registration requirements according to the U.S. Securities Act of
1933. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy any
Debentures.
About Ellomay Capital Ltd.
Ellomay is an Israeli based company whose shares are registered
with the NYSE MKT and with the Tel Aviv Stock Exchange under the
trading symbol "ELLO." Since 2009, Ellomay Capital focuses
its business in the energy and infrastructure sectors
worldwide.
Information Relating to Forward-Looking Statements
This press release contains forward-looking statements that
involve substantial risks and uncertainties, including statements
that are based on the current expectations and assumptions of the
Company's management. All statements, other than statements of
historical facts, included in this press release regarding the
Company's plans and objectives, expectations and assumptions of
management are forward-looking statements. The use of certain
words, including the words "estimate," "project," "intend,"
"expect," "believe" and similar expressions are intended to
identify forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The Company
may not actually achieve the plans, intentions or expectations
disclosed in the forward-looking statements and you should not
place undue reliance on the Company's forward-looking statements.
Various important factors could cause actual results or events to
differ materially from those that may be expressed or implied by
our forward-looking statements. These and other risks and
uncertainties associated with the Company's business are described
in greater detail in the filings the Company makes from time to
time with Securities and Exchange Commission, including its Annual
Report on Form 20-F. The actual conditions could lead to materially
different outcome than that set forth above. The forward-looking
statements are made as of this date and the Company does not
undertake any obligation to update any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Contact:
Kalia Weintraub
CFO
Tel: +972-(3)-797-1111
Email: miria@ellomay.com
SOURCE Ellomay Capital Ltd