Gornitzky represents Meitav Dash in a NIS 80 million loan to Priortech Ltd.
Gornitzky successfully represented Meitav Dash in a NIS 80 million loan to the public company Priortech Ltd. The collaterals that were provided to secure the loan included lien on shares of the public company P.C.B. Technologies, lien on shares of the public company Camtek ltd listed on both the TASE and NASDAQ and land rights. As part of the deal, the lender was granted an option to partially convert, after 24 months, shares of Camtek ltd as payment of the loan, as set by the agreed conditions.