B Communication

Regulatory Filings • Oct 2, 2019

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2019

B COMMUNICATIONS LTD. (Name of Registrant)

2 Dov Friedman Street, Ramat Gan 5250301, Israel (Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________

B COMMUNICATIONS LTD.

EXPLANATORY NOTE

The following exhibit is attached:

99.1 Report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Immediate Report - Early Repayment of Loans.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 2, 2019 By: /s/ Ami Barlev

B COMMUNICATIONS LTD. (Registrant)

Ami Barlev

Chief Executive Officer

EXHIBIT NO. DESCRIPTION

99.1 Report of Bezeq - The Israel Telecommunication Corp. Ltd., a controlled subsidiary of B Communications Ltd., filed with the Israel Securities Authority and the Tel Aviv Stock Exchange - Immediate Report - Early Repayment of Loans.

"Bezeq" The Israel Telecommunication Corp Limited ("The Company")

October 2, 2019

Attn. Attn.

Dear Sir or Madam,

Israel Securities Authority The Tel-Aviv Stock Exchange Ltd

Re: Immediate Report - Early Repayment of Loans

Tel Aviv, Israel - October 2, 2019 - Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today that further to the Company's previous reports regarding the Company's action to adjust its debt structure in accordance with its sources and uses, inter alia, by means of a short-term debt repayment, an immediate report is hereby provided that during the period from July 21, 2019 to September 29, 2019, the Company completed an early repayment of a few institutional and bank loans (including an early repayment of approximately NIS 438 million, as reported as part of the update in the financial statements for the second quarter 2019) for a total amount of approximately NIS 1.53 billion (principal amount). The early repayment fees paid amounted to approximately NIS 67 million. The early repayment was mainly funded by placement of longerterm debt over the past few months.

This early repayment is in addition to the early repayment of the Company's debentures (Series 7) in the amount of approximately NIS 444 million, which was conducted as part of a tender offer, for which the Company issued a separate immediate report on September 9, 2019.

The Company's total gross debt balance as of September 29, 2019, after the execution of all such early repayments, is approximately NIS 10.5 billion (NIS 8.2 billion net debt).

Yours sincerely,

"Bezeq" The Israel Telecommunication Corp Limited

The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.