Capital/Financing Update • Jan 14, 2025
Capital/Financing Update
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January 14, 2025
Mark Nicholson, London, 44-20-71767991 [email protected]
Matan Benjamin, Ramat Gan, 972-3-7539716 [email protected]
Please note that this translation was made for convenience purposes and for the company's use only and under no circumstances shall obligate S&P Global Ratings Maalot Ltd. The translation has no legal status and S&P Global Ratings Maalot Ltd. does not assume any responsibility whatsoever as to its accuracy and is not bound by its contents. In the case of any discrepancy with the official Hebrew version published on January 22, 2023, the Hebrew version shall apply.
S&P Maalot hereby assigns its 'ilAA' rating to the bonds of up to NIS 700 million par value to be issued by Phoenix Financial Ltd. ("previously Phoenix Holding", ilAA/Stable) through the expansion of Series 5 and 6.
For additional details about the rating on Phoenix Financial Ltd. and for other regulatory requirement, see our rating report dated July 30, 2024.
| Phoenix Financial Ltd. | Rating | Date when the rating was first published |
Last date when the rating was updated |
|---|---|---|---|
| Issuer rating(s) | |||
| Long term | ilAA/Stable | 14/03/2007 | 30/07/2024 |
| Issue rating(s) | |||
| Senior Unsecured Debt | |||
| Series 4 | ilAA | 03/02/2020 | 30/07/2024 |
| Series 5 | ilAA | 03/02/2020 | 30/07/2024 |
| Series 6 | ilAA | 14/12/2021 | 30/07/2024 |
| Issuer Credit Rating history | |||
| Long term | |||
| July 11, 2023 | ilAA\Stable | ||
| October 06, 2019 | ilAA-/Stable | ||
| October 07, 2018 | ilA+/Positive | ||
| February 19, 2017 | ilA+/Stable | ||
| November 17, 2015 | ilA+/Negative | ||
| May 20 ,2014 | ilA+/Stable | ||
| November 18, 2012 | ilA+/Negative | ||
| July 18, 2012 | ilA+/Watch Neg | ||
| January 12, 2012 | ilA+/Stable | ||
| August 26, 2010 | ilA/Stable | ||
| May 19 ,2009 | ilA/Negative | ||
| November 16, 2008 | ilAA/Watch Neg | ||
| March 14 ,2007 | ilAA/Stable | ||
| Additional details | |||
| Time of the event | 14/01/2025 08:49 | ||
| Time when the event was learned of |
14/01/2025 08:49 | ||
| Rating requested by | Issuer |
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