secwatch.observer — SEC 8-K summary
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Issuer:     ORMAT TECHNOLOGIES, INC. (ORA)
CIK:        0001296445
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001213900-24-062586
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ormat Technologies issues $45.2M additional 2.50% convertible notes due 2027 to refinance debt
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- Issued additional $45,187,000 of 2.50% Convertible Senior Notes due 2027.
- Notes mature July 15, 2027; bear 2.50% interest payable semiannually.
- Convertible into cash and/or shares at initial conversion price ~$90.27 per share.
- Net proceeds to refinance existing debt; notes rank senior unsecured.
- Additional Notes form single series with existing $431.25M notes from June 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1296445/000121390024062586/0001213900-24-062586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1296445/000121390024062586/ea0209440-8k_ormat.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-062586

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