Partner Communications Announces that S&P Maalot Has Revised the Company’s Credit Rating to ilA+/Stable
July 29 2015 - 11:57AM
Business Wire
Partner Communications Company Ltd. (NASDAQ:PTNR)
(TASE:PTNR), a leading Israeli communications company
(”Partner”), reports today that Standard & Poor’s Maalot
(“S&P Maalot”), has revised the Company’s ilAA-/Stable credit
rating to ilA+/Stable.
For further information see S&P Maalot's full Report dated
July 29, 2015 on:
http://www.maalot.co.il/publications/495/OTRPar20150729173130.pdf
or its informal English translation attached to the immediate
report on Form 6-k to be furnished to the Securities and Exchange
Commission today.
Forward-Looking
Statements
This press release includes forward-looking statements, as this
term is defined in Section 27A of the US Securities Act of 1933, as
amended, Section 21E of the US Securities Exchange Act of 1934, as
amended, and the safe-harbor provisions of the US Private
Securities Litigation Reform Act of 1995. Words such as “will”,
"believe," "anticipate," "expect," "intend," "strive," "seek,"
"plan," "could," "may," "foresee," "target," "objective,"
declensions thereof and similar expressions typically convey
forward-looking statements, but these words are not the only words
that convey these statements. Any statement, other than a statement
of historical fact included in this press release regarding our
future performance, plans to increase revenues or margins or to
sustain or expand the current market share in existing or new
markets, plans to reduce expenses and any other statement regarding
a future event or potential opportunity, is a forward-looking
statement.
We have based these forward-looking statements on our current
knowledge and our present beliefs and projections regarding
possible future events. These forward-looking statements are
subject to risks, uncertainties and assumptions about Partner,
about the macro-economic environment, about consumer habits and
preferences when using cellular telephones, trends in the Israeli
communications industry in general, the impact of current global
economic conditions and possible regulatory and legal developments.
In light of these risks, uncertainties and conjectures, the
forward-looking events mentioned in this press release might not
transpire, and actual results may differ materially from the
anticipated results. For further information regarding the
above-mentioned risks, uncertainties and conjectures and other
risks we face, please see "Item 3. Key Information - 3D. Risk
Factors," "Item 4. Information about the Company," "Item 5.
Operating and Financial Review and Prospects," "Item 8. Financial
Information - 8A. Consolidated Financial Statements and Other
Financial Information - 8A.1 Legal and Administrative Proceedings"
and "Item 11. Quantitative and Qualitative Disclosures about Market
Risk" in the Company's Annual Reports on Form 20-F, and the
Company’s other reports on Form 6-K, which were submitted to the
United States Securities Exchange Commission. We undertake no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or for any other reason.
About Partner
Communications
Partner Communications Company Ltd. ("Partner") is a leading
Israeli provider of telecommunications services (cellular,
fixed-line telephony and internet services) under the orange™ brand
and under the 012 Smile brand. Partner’s ADSs are quoted on the
NASDAQ Global Select Market™ and its shares are traded on the Tel
Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For further information about Partner:
http://www.orange.co.il/en/Investors-Relations/lobby/.
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version on businesswire.com: http://www.businesswire.com/news/home/20150729006258/en/
Partner Communications Company Ltd.Ziv
LeitmanChief Financial OfficerTel: +972-54-781-4951orLiat
Glazer ShaftHead of Investor Relations and Corporate
ProjectsTel: +972-54-781-5051investors@orange.co.il
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