6-K 1 dp69771_6k.htm FORM 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October, 2016

Commission File Number: 001-13742

 

ISRAEL CHEMICALS LTD.

(Exact name of registrant as specified in its charter)

 

Israel Chemicals Ltd.

Millennium Tower

23 Aranha Street

P.O. Box 20245

Tel Aviv, 61202 Israel

(972-3) 684-4400

(Address of principal executive office)

 

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

X

   Form 40-F

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes   No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes   No

X

 

 

 

 

ISRAEL CHEMICALS LTD.

 

1.S&P Downgrades ICL’s International Rating to BBB- with Stable Outlook.

 

 

 

Item 1

 

 

 

S&P DOWNGRADES ICL’s INTERNATIONAL RATING to BBB- with stable outlook

 

Tel Aviv, Israel, October 27, 2016 – ICL (NYSE and TASE: ICL) today announced, further to its announcement dated June 20, 2016 (reference number 2016-02-053574), that Standard & Poor’s Global Ratings (“S&P”) has lowered the company’s international corporate credit rating to BBB- with stable outlook. S&P’s downgrade primarily reflects the weakened state of the global fertilizers market and follows downgrades to several of ICL’s peer companies over the past year. ICL’s rating remains investment grade. According to the company’s estimate, the impact on its financial expenses will be negligible, if at all.

 

The S&P rating is attached.

 

 

 

 

 

 

INVESTOR RELATIONS CONTACT PRESS CONTACT
Limor Gruber Gadi Ohana
Head of Investor Relations, ICL Debby Communications
+972-3-684-4471 +972-3-5683000
Limor.Gruber@icl-group.com gadi@debby.co.il

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

Israel Chemicals Ltd.

 

 

      By: /s/ Kobi Altman
        Name: Kobi Altman
        Title: Chief Financial Officer
           
           
           

 

 

 


   

Israel Chemicals Ltd.

 

 

      By: /s/ Lisa Haimovitz
        Name: Lisa Haimovitz
        Title: Senior Vice President, Global General Counsel and Corporate Secretary

Date: October 27, 2016