Blue Square Announces a Public Offering of Debentures on the Tel Aviv Stock Exchange.Summary: Blue Square-Israel Ltd. (NYSE NYSE See: New York Stock Exchange : BSI BSI - British Standards Institute ) (hereinafter here·in·af·ter adv. In a following part of this document, statement, or book. hereinafter Adverb Formal or law from this point on in this document, matter, or case Adv. 1. : "Blue Square") announced today the success of a public offering of debentures of NIS Niš or Nish (both: nēsh), city (1991 pop. 175,391), SE Serbia, on the Nišava River. An important railway and industrial center, it has industries that manufacture textiles, electronics, spirits, and locomotives. 300 Million, Blue Square-Israel Ltd. (NYSE: BSI) (hereinafter: "Blue Square") announced today the success of a public offering of debentures of NIS 300 Million, performed by its subsidiary (78.45%), Blue Square Real Estate Ltd. (hereinafter: "BSRE BSRE Beneficial Strain-Rate Effect (structural steel) BSRE Bachelor of Science in Real Estate ") on the Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. . Following BSRE's shelf prospectus dated May 20, 2009, A publicoffering of NIS 300 Million debentures was carried out successfully onOctober 19, 2009, and BSRE received gross proceeds of NIS 300 million. The securities offered in such transaction have not been andwill not be registered under the Securities Act of 1933, as amended, and maynot be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. absent registration or anapplicable exemption from the registration requirements of such Act. Thispress release shall not be deemed an offer of securities or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual ofan offer to buy securities. Blue Square-Israel Ltd. is a leading retailer in Israel. Apioneer of modern food retailing, in the region. Blue Square currentlyoperates 203 supermarkets under different formats, each offering varyinglevels of services and prices. For more information, please refer to the BlueSquare-Israel Ltd. website at http://www.bsi.co.il. Forward Looking Statements This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. withinthe meaning of safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the U.S. Private SecuritiesLitigation Reform Act of 1995. Forward-looking statements may include, butare not limited to, plans or projections about our business and our futurerevenues, expenses and profitability. Forward-looking statements may be, butare not necessarily, identified by the use of forward-looking terminologysuch as "may," "anticipates," "estimates," "expects," "intends," "plans,""believes," and words and terms of similar substance. Forward-lookingstatements involve known and unknown risks, uncertainties and other factorsthat may cause actual events, results, performance, circumstance andachievements to be materially different from any future events, results,performance, circumstance and achievements expressed or implied by suchforward-looking statements. These risks, uncertainties and other factorsinclude, but are not limited to, the following: our ability to competeeffectively against low-priced supermarkets and other competitors; the effectof the recession in Israel on the sales in our stores and on ourprofitability; quarterly fluctuations in our operating results that may causevolatility of our ADS and share price; risks associated with our dependenceon a limited number of key suppliers for products that we sell in our stores;the effect of an increase in minimum wage in Israel on our operating results;the effect of any actions taken by the Israeli Antitrust Antitrust The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade. Authority on ourability to execute our business strategy and on our profitability; the effectof increases in oil, raw material and product prices in recent years; theeffects of damage to our reputation or to the reputation to our store brandsdue to reports in the media or otherwise; and other risks, uncertainties andfactors disclosed in our filings with the U.S. Securities and ExchangeCommission, including, but not limited to, risks, uncertainties and factorsidentified under the heading "Risk Factors" in our Annual Report on Form 20-Ffor the year ended December 31, 2008. You are cautioned not to place unduereliance on these forward-looking statements, which speak only as of the dateof this press release. Except for our ongoing obligations to disclosematerial information under the applicable securities laws, we undertake noobligation to update the forward-looking information contained in this pressrelease. 2009 Al Bawaba (www.albawaba.com) 2009 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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