SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15a-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
 
Report on Form 6-K dated
 
January 2, 2019
 
Partner Communications Company Ltd.
(Translation of Registrant’s Name Into English)
 
8 Amal Street
Afeq Industrial Park
Rosh Ha’ayin 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 ☒          Form 40-F ☐
 
(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 ☐          No ☒
 
(If “Yes” is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-               )
 
This Form 6-K is incorporated by reference into the Company’s Registration Statements on Form S-8 filed with the Securities and Exchange Commission on December 4, 2002 (Registration No. 333-101652), September 5, 2006 (Registration No. 333-137102), September 11, 2008 (Registration No. 333-153419), August 17, 2015 (Registration No. 333-206420), November 12, 2015 (Registration No. 333-207946), March 14, 2016 (Registration No. 333-210151) and on December 27, 2017 (Registration No. 333-222294), November 21, 2018 (Registration No. 333-228502)
 
Enclosure: Partner Communications announces an 'ilA+' rating for the issuance of a new series of debentures
 
 



 
 

PARTNER COMMUNICATIONS ANNOUNCES AN 'ilA+'
RATING FOR THE ISSUANCE OF A NEW SERIES OF
DEBENTURES
 
ROSH HA'AYIN, Israel, January 2, 2019 - Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, reports today that further to the Company's reports dated December 10, 2018, with respect to the consideration of issuance of debentures solely in Israel, by way of a new series of debentures, S&P Global Ratings Maalot Ltd. announced today an 'ilA+' rating for the issuance of a new series of debentures of the Company, in a total amount of up to NIS 225 million.
 
For further information see S&P Maalot's report dated January 2, 2019 on: http://www.maalot.co.il/Publications/495/IRPar20190102130930.pdf or its informal English translation attached to this report.

The offering described in this press release is made only in Israel and only to residents of Israel in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act of 1933 (the “Securities Act”). The said debentures have not been, and will not be, registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

In addition, this report does not constitute an offer for sale of, or a solicitation of an offer to purchase or subscribe for, any securities in the United States. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933 as amended (the “Securities Act”), and may not be offered or sold in the United States absent an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offering of the securities in the United States.
 
 
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NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE.
 
About Partner Communications
 
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner’s ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
 
For more information about Partner see:
 
http://www.partner.co.il/en/Investors-Relations/lobby/

Contacts:
 
Mr. Tamir Amar
Chief Financial Officer
Tel: +972-54-781-4951
 
Ms. Liat Glazer Shaft
Head of Investor Relations & Corporate Projects
Tel: +972-54-781-5051
E-mail: investors@partner.co.il


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Partner Communications
Company Ltd.
 
.................................................................................................................................................
 
January 2, 2018
 
New Issuance
 
‘ilA+’ Rating Assigned To Bond Issuance Of Up To NIS 225 Million
 
Primary Credit Analyst
Tom Dar, 972-3-7539722 tom.dari@spglobal.com
 
Additional Contact
Tamar Stein, 972-3-7539721 tamar.stein@spglobal.com

Please note that this translation was made for convenience purposes and for the company's use only and under no circumstances shall obligate S&P Global Ratings Maalot Ltd. The translation has no legal status and S&P Global Ratings Maalot Ltd. does not assume any responsibility whatsoever as to its accuracy and is not bound by its contents. In the case of any discrepancy with the official Hebrew version published on January 2, 2019, the Hebrew version shall apply.

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New Issuance


Partner Communications Company Ltd.
 
New Issuance
 
‘ilA+’ Rating Assigned To Bond Issuance Of Up To NIS 225 Million
 
Following our announcement of December 9, 2018, S&P Maalot announces that its ‘ilA+’ rating on bonds to be issued by Partner Communications Company Ltd. (ilA+/Stable) through the issuance of a new series, Series G, is valid for up to NIS 225 million par value. The proceeds from this issuance will be used for the company's ongoing operations and for debt refinancing.
 
For additional information on the company’s issuer rating and for additional regulatory requirements, see our rating report dated August 13, 2018.
 
Rating Detail (As of 2-Jan-2019)
 
 
 
Partner Communications Company Ltd.
 
Issuer Credit Rating(s)
 
Local Currency Long Term
ilA+/Stable
 
 
Issue Rating(s)
 
Senior Unsecured Debt
 
Series D,E,G
ilA+
 
 
Rating History
 
Local Currency Long Term
 
July 28, 2015
ilA+/Stable
June 20, 2013
ilAA-/Stable
December 06, 2012
ilAA-/Negative
September 10, 2012
ilAA-/Watch Neg
October 19, 2010
ilAA-/Negative
October 05, 2009
ilAA-/Stable
September 17, 2009
ilAA-
July 14, 2009
ilAA-/Watch Dev
March 24, 2009
ilAA-/Watch Pos
October 28, 2008
ilAA-/Stable
September 25, 2007
ilAA-/Positive
March 20, 2007
ilAA-/Stable
July 28, 2004
ilAA-
February 16, 2004
ilA+
August 01, 2003
ilA
 
 
Other Details
 
Time of the event
02/01/2019 12:31
Time when the analyst first learned of the event
02/01/2019 12:31
Rating requested by
Issuer
 

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www.maalot.co.il

Partner Communications Company Ltd.
 
Credit Rating Surveillance
 
S&P Maalot is the commercial name of S&P Global Ratings Maalot Ltd. S&P Maalot conducts surveillance activities on developments which may affect the creditworthiness of issuers and specific bond series which it rates, on an ongoing basis. The purpose of such surveillance is to identify parameters which may lead to a change in the rating.
 
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www.maalot.co.il


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/ Tamir Amar
Name: Tamir Amar
Title: Chief Financial Officer
 
Dated: January 2, 2019