Economy · Full coverage
Mekorot Raises 1.75 Billion Shekels in Bond Sale After Heavy Demand
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · Jun 18, 2026
Unrated 2
What happened
Mekorot raised 1.75 billion shekels in its first 2026 debt offering after receiving about 3 billion shekels in demand. The bond proceeds will fund water infrastructure projects, including remote-area connections and new desalination links.
- 01Demand reached about 3 billion shekels, triple the original plan.
- 02Mekorot raised the target to 1.75 billion shekels, pending rating approval.
- 03Funds will finance water infrastructure, remote-area links, and new desalination plants.
- 04The bonds are CPI-linked, AAA-rated, and mature through 2053.
- 05Moshe Shimoni said the financing supports continued expansion of transmission and supply infrastructure.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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