|Bid||9.97 x 900|
|Ask||10.04 x 900|
|Day's range||10.02 - 10.32|
|52-week range||2.05 - 10.90|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||157.34|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.00|
TransDigm's (TDG) arm prices its senior subordinated notes with $1,200 million aggregate principal at 4.625% due 2029. The funds to be generated will be utilized in redeeming the notes carrying 6.50% interest.
The new listing will be in addition to its current Nasdaq listingNETANYA, Israel, Jan. 11, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) announced today that its Board of Directors has approved the submission of a listing application to have its ordinary shares dual-listed on the Tel Aviv Stock Exchange (“TASE”). Upon listing on the TASE the Company's ordinary shares will continue to trade as usual on NASDAQ and the Company will continue to comply with the reporting and disclosure requirements of the U.S. Securities and Exchanges Commission applicable to foreign private issuers. Yossi Ben Shalom, Chairman of the Board of Directors of RADA, stated: "We look forward to our listing on the Tel Aviv Stock Exchange, which we believe will enable us to broaden our investor base and bring us an increased interest and investment from Israeli institutions. For Israeli investors, we believe that the TASE dual-listing will provide them with an attractive investment and growth opportunity in RADA.”About RADA Electronic Industries Ltd.RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including active military protection, counter-UAS, critical infrastructure protection and border surveillance.Contact InformationCompany Contact:Investor Relations Contact: Avi Israel (CFO)Ehud Helft Tel: +972-765-386-200GK Investor & Public Relations firstname.lastname@example.orgTel: +1 646 688 3559 www.rada.com email@example.com Forward Looking Statements Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, the impact of COVID-19 on our company and our industry, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
NETANYA, Israel, Jan. 06, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq: RADA) today announced that DBSI, the Company’s major shareholder, has notified RADA that it has agreed to sell approximately 3.9 million shares to leading Israeli institutional investors, broadening the shareholder base and increasing the free-float of RADA. Following the completion of the sale of such shares, DBSI’s interest in RADA will stand at approximately 2.8 million shares, representing approximately 7% of the issued and outstanding share capital of the Company. DBSI’s Chairman, Yossi Ben Shalom, commented, “DBSI remains committed to its holdings in RADA and we feel that we have the correct interest in RADA relative to our size. We presently intend to remain with our current position in RADA as we still see significant future upside potential in RADA, and I intend to continue to act as Chairman of the Board. Mr. Ben Shalom added that, “As a family office, DBSI balances its portfolio from time to time and may adjust its holdings in its investments, given an opportunity. In this particular case, we were approached by leading Israeli institutional investors who were looking to purchase a meaningful stake in RADA. Like us, they saw in RADA the potential for long term value creation. I believe these investors are of the highest quality in Israel with long-term views and with a good understanding of RADA’s business and its potential.”About RADA RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including active military protection, counter-UAS, critical infrastructure protection and border surveillance.Company Contact: Avi Israel (CFO) Tel: +972-76-538-6200 firstname.lastname@example.org www.rada.com IR Contact GK Investor Relations Ehud Helft, Partner Tel: 1 617 318 3096 email@example.com