July 12, 2009, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd., a leading international provider of innovative telecommunication solutions, was notified, on July 2nd, 2009, that Midroog Ltd., an Affiliate of Moody's Investors Services, has downgraded the rating of the company's debentures (Series A), from a Baa2 rating, with a stable horizon, to a Ca rating, with a negative horizon. Consequentially, in accordance to the debentures' terms, an additional interest of 2.75% shall be paid to the debentures' holders, as of the rating downgrade date and until further change in said rating. Therefore, as of July 2nd, 2009, the debentures shall carry a 9.90% annual interest. Accordingly, the interest rate to be paid by the Company on July 15th, 2009, shall amount to 3.674%.
IMPORTANT NOTE – Announcements or extracts of financial statements made available on the Company's website in English are done so as a courtesy to its English-speaking shareholders, for a limited period. The official versions of such announcements and/or financial statements are in Hebrew, and the Company is not responsible for any discrepancy between the Hebrew and English versions.
Enquiries:
Ron Belkine – Leadcom
Tel: +972 9 7690120
E mail: ronb@leadcom-is.com |
