Loan & DebtJun 16, 2026, 11:51 AM
ICL Group Completes $800M Senior Unsecured Notes Offering Due 2036
AI Summary
ICL Group Ltd. announced the completion of a private offering of $800 million aggregate principal amount of senior unsecured notes due 2036. The notes carry a coupon of 6.036%, payable semi-annually, and were issued at 100.000% to yield 6.036%. The offering was made to institutional investors and the notes have been rated BBB- by S&P Global and Fitch Ratings, with trading commencing on TASE UP on June 17, 2026.
Key Highlights
- Completed a private offering of $800 million aggregate principal amount of senior unsecured notes.
- The notes are due in 2036 and carry a coupon of 6.036%.
- Interest will be paid semi-annually on June 16 and December 16, starting December 16, 2026.
- Notes were issued at a price of 100.000% to yield 6.036%.
- The notes have been rated BBB- by S&P Global Inc. and Fitch Ratings Inc.
- Approved for trading on TASE UP, with trading commencing on June 17, 2026.
- The notes are unsecured and include certain covenants and customary events of default.
Price Impact
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