UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 13, 2008 (June 12, 2008)

 

 

 

 

 

AMPAL-AMERICAN ISRAEL CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

 

New York

0-538

13-0435685

(State or Other Jurisdiction
of Incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

 

111 Arlozorov Street
Tel Aviv, Israel

62098

(Address of Principal Executive Offices)

(Zip Code)

 

(866) 447-8636

(Registrant’s telephone number, including area code)

 

 

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On June 12, 2008, Ampal-American Israel Corporation (the “Company”) issued a press release announcing that Midroog Ltd. (“Midroog”), an affiliate of Moody's Investors Service, has placed the Company's A2 rating for the Company’s Series A and Series B debentures on its "Watchlist”. Midroog announced that it took this action following statements that the Egyptian government is reconsidering the sale prices of natural gas to its customers abroad, including sales to the Israeli market, due to the rapid rise of world natural gas prices. The full text of the press release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits:

 

EXHIBIT

DESCRIPTION

99.1

Press release of Ampal-American Israel Corporation, dated June 12, 2008.

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

AMPAL-AMERICAN ISRAEL CORPORATION

 

 

 

 

Date: June 13, 2008

By:

/s/Yoram Firon

 

 

Name:

Yoram Firon

 

 

Title:

Vice President – Investments and Corporate Affairs

 

 

 

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EXHIBIT INDEX

 

EXHIBIT

DESCRIPTION

99.1

Press release of Ampal-American Israel Corporation, dated June 12, 2008.