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Elbit Systems Announces Commercial Paper Issuance in Israel

PR Newswire - Sun Sep 3, 2023

HAIFA, Israel, Sept. 3, 2023 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, following its announcement of August 16, 2023, that it completed an issuance in Israel of U.S. Dollar denominated commercial paper in an amount of approximately $300 million par value, bearing an annual interest of the SOFR 3M interest rate and an additional 1% (the "Issuance"). S&P Global Ratings Maalot Ltd. had assigned an ilA-1+ (on local scaling) short term rating to commercial paper.

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