Israel Electric Financial and Sector Reform Update
Consolidated Debt Breakdown
as of March 31, 2022
Annual Debt Maturities (Principal in NIS billions) (1)
חברת החשמל
Israel Electric
Profile of International IEC $ Bonds (2)
I Loans from local and foreign banks
Local bonds, private bonds and non-bank
5.9
loans
4.1
Outstanding
Maturity
Coupon
16.4
Amount ($mn)
Jun-23
650
6.875%
Nov-24
1,250
5.000%
3.5
3.4
Dec-26
125
7.875%
16.3
2.1
5.7
1.7
Dec-27
300
7.750%
3.3
Aug-28
1,000
4.250%
2.0
1.6
0.2
0.2
0.1
Mar-30
40
8.940%
4.2022-3.2023
4.2023-3.2024
4.2024-3.2025
4.2025-3.2026
01.2026 and
Feb-32
500
3.750%
thereafter
Dec-96
125
8.100%
Interest Rate Exposure(3)
Type of Instrument(¹)
Debt by Currency (1)
Debt by Linkage(1)
Floating
12.2%
NIS non-
Local public bonds
33.1%
linked
USD
Foreign bank loans
39.3%
2.1%
Other
4.3%
15.8%
Local
bank
loans
Fixed
87.8%
10.1%
Private bonds and
non-bank loans
54.7%
Source:
1)
IEC immediate report on the Corporate Liabilities Status, IEC Financial data.
2)
IEC Financial data and Bloomberg as of February 2022
3)
IEC's Financial Statements for 2021FY and for Q1.2022
Investor Relations
29
Euro
1.0%
NIS
NIS CPI
linked
55.4%
39.5%
Foreign
currency
44.6%View entire presentation