IGLD » Topics » Interest Rate Risk

This excerpt taken from the IGLD 20-F filed Jun 24, 2009.

Interest Rate Risk

        We pay interest on our short-term loan facility and credit line based on the Israeli Prime rate. As a result, changes in the general level of interest rates directly affect the amount of interest payable by us under these facilities.

ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

        Not applicable.

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