Gornitzky represents the Israel Corporation Ltd. (TASE: ILCO) in a NIS 1.4 billion bonds issuing

May 31st, 2016 Back to all news

During the month of May 2016 Gornitzky & Co represented the Israel Corporation Ltd., the largest shareholder in Israel Chemicals Ltd., in two bond issuances amounting to 1.4 billion NIS.

 

The representation included: (a) advising and representing the company before the Securities Authority and the Tel Aviv Stock Exchange Ltd. in order to publish a shelf prospectus, (b) advising and representing the company before the Trustee for bond holders and the Tel Aviv Stock Exchange Ltd., and (c) negotiating with institutional investors, for the completion of the issuance of two series of bonds (one linked to the dollar and another unlinked in shekels) totalling 1.4 Billion shekels, by way of a public offering under the mentioned prospectus.

 

The Israel Corporation Ltd was represented by Yair Shiloni (Partner) and Itamar Ben-Yehuda.