Gornitzky represents Meitav Dash in a NIS 80 million loan to Priortech Ltd.

August 9th, 2016 Back to all news

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.  

 

See full story in The Marker (Hebrew)

 

Meitav Dash was represented by Eli Alya (Partner), Ori Yitzhak (Partner), Shiri Shani (Partner, Real Estate), Amnon Biss, Itamar Ben-Yehuda and Noy Or