Gilat Telecom Raises $100 Million in Convertible Bonds
Gilat Telecom announced it is raising $100 million through convertible bonds. The company's stock experienced a 4% decline following the announcement. This move comes amidst broader market volatility, with futures on Wall Street showing decreases and oil prices jumping nearly 3.5% in New York. The market is divided on the upcoming interest rate decision, and a potential US strike in Iran is adding to the confusion.
The article also touches upon unrelated topics, including a struggling industry falling victim to irrelevant technology, a fund manager license for autism in 2025, investment opportunities in Poland, an S&P 500 guide for Israeli investors, a guide to investing in a bank index ETF, historical dollar-shekel exchange rates, a lawsuit by 38 apartment buyers in Netanya, and a discussion about mathematics and computer studies in schools. Additionally, it mentions a heavily criticized Israeli airline and a popular app whose blocking disrupted users' lives, as well as a startup attempting to solve the mystery of lost socks in laundry.
