GCA Financial Targets for Government Companies
Consolidated Debt Breakdown
as of December 31, 2022
Annual Debt Maturities (Principal in NIS billions) (1)
חברת החשמל
Israel Electric
Profile of International IEC $ Bonds (2)
Outstanding
Loans from local and foreign banks
Local bonds, private bonds and non-bank loans
5.3
4.4
Maturity
23.3
Coupon
Amount ($mn)
Jun-23
650
6.875%
Nov-24
1,250
5.000%
3.4
Dec-26
125
7.875%
23.3
2.4
5.1
3.7
1.8
Dec-27
300
7.750%
Aug-28
1,000
4.250%
2.2
1.6
0.7
0.2
0.1
Mar-30
40
8.940%
1.2023-12.2023
1.2024-12.2024
1.2025-12.2025
1.2026-12.2026
1.2027 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
6.7%
Foreign bank loans
1.5%
Local public bonds
44.5%
USD
36.9%
Other
NIS non-
linked
8.3%
3.8%
Local bank
loans
5.2%
Fixed
93.3%
Private bonds and
non-bank loans
48.8%
Source:
1)
IEC immediate report on the Corporate Liabilities Status, IEC Financial data.
2)
IEC Financial data and Bloomberg as of March 2023
3)
IEC's Financial Statements for 2022FY
Investor Relations
30
50
Euro
0.7%
NIS CPI
linked
50.3%
NIS
58.6%
Foreign
currency
41.4%View entire presentation