Bank Hapoalim to raise $150 million in capital notes

Bank Hapoalim will in March make an offering of up to $150 million in capital notes, Ma'ariv reports. The issue, through wholly-owned subsidiary Hapoalim International, includes three series for seven years. The notes are linked to the dollar, the Canadian dollar, and the euro.

The issue is based on prospectuses already approved, involving offerings totaling $2.5 billion. The bank has already raised $940 million.

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