Elbit Mulls Borrowing

  • Middle East Newsline
  • March 20, 2012
TEL AVIV [MENL] -- Elbit Systems, jolted by a 50 percent decrease in
profits, was considering borrowing from capital markets.
Israel's largest non-state-owned defense contractor said it was
examining the prospect of raising up to $240 million from the public.
Elbit, traded on the stock exchanges in New York and Tel Aviv, said it could
issue Series A notes in Israel under a prospectus dating from May 2010.
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