Strauss Group (TASE: STRS) announced that it successfully completed an NIS 500 Million debenture issue from the public.

Demand for the Company's debentures was strong with NIS 2 billion in early subscriptions.

Bonds (Series C) were carried out by means of tender on the annual rate of interval above the base interest rate (which is the interest on "Government bond 817”).

The tender determined that the interest rate interval of the bonds is 0.7%.

Debentures rated by Midroog (subsidiaries of Moody’s) Aa1 with stable horizon and by Standard & Poor's Maalot. AA+/ stable.

The offering was lead by the underwrites:  Leader, Clal Finance Underwriters, Poalim IBI, Menora Mivtahim underwriters, Apex Underwriting and Leumi Partners