Israel’s Alon Blue postpones payment on series C notes until March 3

By Susanna Moon

Chicago, Feb. 11 – Alon Blue Square Israel Ltd. said it postponed the payment of principal and interest due on its series C debentures until March 3.

The record date has been postponed to Feb. 18, according to a company press release.

Alon said on Jan. 28 that it had postponed the record date until Feb. 14 and had set the payment date for Feb. 29.

The postponement was announced following a meeting of the series C bondholders held on Nov. 30, the company said at the time.

Alon Blue Square is based in Rosh Ha’Ayin, Israel, and owns and operates supermarkets and specialty stores.

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