Ampal Surges Most in 3 Months on Bondholders’ Agreement Report
Ampal-American Israel Corp. (AMPL), which holds a stake in a company that exports natural gas from Egypt to Israel, rallied the most in almost three months after Globes reported it reached an agreement with bondholders.
The company reached an accord with investors who held its largest outstanding series of bonds, Globes said, without saying where it got the information. A message left with a company spokesman wasn’t immediately returned.
To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at firstname.lastname@example.org
To contact the editor responsible for this story: Claudia Maedler at email@example.com