The Israel Securities Authority approved extending Israel Railways' shelf prospectus until February 2027, allowing the company to raise debt in the future and reflecting confidence in its management. The approval comes after the railway received a maximum AAA credit rating from Maalot. Israel Railways anticipates a sharp increase in passenger numbers by 2040 and is advancing large-scale projects, including high-speed lines, network electrification and car procurement, aimed at meeting growing demand.
On Track for Expansion: Another Regulatory Approval for Israel Railways
Sivan Hilaee|
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