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Kenon Holdings Ltd.

Regulatory Filings May 18, 2017

6878_rns_2017-05-18_7dff5f85-08ce-4ff9-97ec-74dff723779a.pdf

Regulatory Filings

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF A FOREIGN ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

May 17, 2017

Commission File Number 001-36761

Kenon Holdings Ltd.

1 Temasek Avenue #36-01 Millenia Tower Singapore 039192 (Address of principal executive offices)

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 whether the registrant by furnishing the information contained in this Form 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):

EXHIBIT 99.1 TO THIS REPORT ON FORM 6-K IS INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-201716) OF KENON HOLDINGS LTD. AND IN THE PROSPECTUSES RELATING TO SUCH REGISTRATION STATEMENT.

Exhibits

99.1 Press Release, dated May 17, 2017: Kenon Announces Issuance of Bonds by ICPI

SIGNATURES

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.

KENON HOLDINGS LTD.

Date: May 17, 2017 By: /s/ Yoav Doppelt

Name: Yoav Doppelt Title: Chief Executive Officer

Exhibit 99.1

Kenon Announces Issuance of Bonds by ICPI

Singapore, May 17, 2017. Kenon Holdings Ltd. (NYSE: KEN; TASE: KEN) announces that IC Power Ltd.'s subsidiary IC Power Israel Ltd. ("ICPI") has issued bonds in an aggregate principal amount of NIS320 million (approximately \$89 million). The bonds accrue interest at a rate of 4.95% which is payable semi-annually beginning in 2018, with final maturity occurring in December 2030. The bonds were issued in a private placement to qualified investors.

The proceeds of the bonds will be disbursed to ICPI upon completion of a reorganization, whereby ICPI, which is currently the holding company of OPC-Rotem, will also become the holding company of OPC-Hadera. The proceeds of the bonds will be partially used to repay in full ICPI's mezzanine loan in the amount of \$62 million (including an early prepayment cost of \$6 million).

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration under that act.

Caution Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include a statement with respect to the receipt and use of the proceeds of the ICPI bonds. These statements are based on Kenon's management's current expectations or beliefs, and are subject to uncertainty and risks, including risks relating to the completion of the reorganization of ICPI, ICPI's receipt of the offering proceeds and the use of such proceeds, and other risks and factors, including those risks set forth under the heading "Risk Factors" in Kenon's Annual Report on Form 20-F filed with the SEC and other filings. Except as required by law, Kenon undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

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