State-owned Israel Electric begins a roadshow on Tuesday ahead of a 144A dollar deal. The utility, one of most long-standing borrowers in the CEEMEA region, is updating investors on positive developments in the energy sector, said bankers.
Barclays and Citi are taking the borrower to London, Boston, Los Angeles and New York, but could visit other locations, said a banker on the deal. The roadshow ends early next week and bankers expect a 144A RegS bond to follow.
“It’s one of the oldest issuers