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Israel’s Spacecom to Buy AMOS-8 Through Bonds As Buyout Attempt Expires

Israel’s Spacecom plans to pay for its AMOS-8 communications satellite by raising U.S.$110 million through collateral bonds and bond options, …

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Israel's Spacecom plans to pay for its AMOS-8 communications satellite by raising U.S.$110 million through collateral bonds and bond options, just as the bid by IDB Development Corporation Ltd. to buyout Spacecom’s parent company has expired.