Partner Communications Company Ltd. (NASDAQ: PTNR) announced that the Series D Notes will bear an interest rate of 0.313% from October 1, 2020 to December 30, 2020. This rate is derived from a 0.052% annual yield on short-term debt issued by the State of Israel and a fixed margin of 1.20%, totaling an annual interest rate of 1.252%. The press release clarifies that it does not constitute an offer to sell or solicit securities. Partner is a top provider of telecommunications services in Israel, trading on both NASDAQ and TASE.
Partner TV, a subsidiary of Partner Communications, is launching a new cloud gaming service called Partner TV Gaming Powered by Blacknut. The service features over 400 family-friendly premium games, available for a monthly fee of 29 NIS (around €7.5) with the first two months free. This initiative follows a successful pilot test with Blacknut, highlighting Partner TV's rapid growth as Israel’s leading TV service. The gaming service aligns with the company's Super-Aggregator strategy, building on recent partnerships with Netflix and Spotify.