Report on Form 6-K dated October 5, 2009
Partner
Communications Company Ltd.
(Translation of
Registrants Name Into English)
8 Amal Street
Afeq Industrial Park
Rosh Haayin 48103
Israel
(Address of Principal Executive Offices) |
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o No x
(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_____________)
Enclosure: | Partner Communications announces S&P MAALOT affirms its 'ilAA-' Bond Rating with Stable Outlook |
PARTNER COMMUNICATIONS ANNOUNCES S&P
MAALOT AFFIRMS ITS ilAA- BOND RATING WITH
STABLE OUTLOOK
ROSH HAAYIN, Israel, October 5, 2009 Partner Communications Company Ltd. (Partner or the Company) (NASDAQ and TASE: PTNR), a leading Israeli mobile communications operator, announces that Standard & Poors Maalot (S&P Maalot) affirmed Partners ilAA- bond rating with stable outlook. At the same time, the rating was removed from CreditWatch with negative implications where it was placed on September 17, 2009.
In its report, S&P Maalot stated that: We believe that Partner should be able to sustain a materially more leveraged capital structure whilst at the same time maintain a financial risk profile appropriate for the current rating.
Partner Communications Company Ltd. (Partner) is a leading Israeli provider of telecommunications operator (cellular, fixed-line telephony and Internet Services Provider) under the orange brand. The Company provides mobile communications services to 2.944 million subscribers in Israel (as of June 30, 2009). Partners ADSs are quoted on the NASDAQ Global Select Market and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
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Partner is a subsidiary of Hutchison Telecommunications International Limited (Hutchison Telecom), a leading global provider of telecommunications services. Hutchison Telecom currently offers mobile and fixed line telecommunications services in Israel, and operates mobile telecommunications services in Thailand, Sri Lanka, Vietnam and Indonesia. It was the first provider of 3G mobile services in Israel and operates brands including Hutch, 3 and orange. Hutchison Telecom, a subsidiary of Hutchison Whampoa Limited, is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332". For more information about Hutchison Telecom, see www.htil.com.
For more information about Partner, see http://www.orange.co.il/investor_site/
Contacts: | |||
Mr. Emanuel Avner | Mr. Oded Degany | ||
Chief Financial Officer | V. P. Corporate Development, Strategy and IR | ||
Tel: | +972-54-7814951 | Tel: | +972-54-7814151 |
Fax: | +972-54-7815961 | Fax: | +972-54-7814161 |
E-mail: | emanuel.avner@orange.co.il | E-mail: | oded.degany@orange.co.il |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Partner Communications Company Ltd. By: /s/ Emanuel Avner Emanuel Avner Chief Financial Officer |
Dated: October 5, 2009
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