News

| Inbal Badner
October 10th, 2016

Gornitzky represented Bank Hapoalim and Menora Mivtachim group as a syndication of lenders in a real estate financing project that is expected to include a large commercial centre in Hadera. 

Gornitzky successfully represented Bank Hapoalim B.M. and Menora Mivtachim group as a syndication of lenders in a real estate financing project that is expected to include a large commercial centre in “Agrobank Site” in Hadera. The financing that will be granted by the syndication will be used for the completion of the commercial centre in “Agrobank Site” in Hadera. This real estate financing necessitates highly complex agreements and a large security package.

 

Bank Hapoalim and Menora Mivtachim group were represented by Eli Elya (partner), Lior Relevy (partner), Inbal Badner, Ariel Zeevi and Moran Ben-Moshe.

December 23rd, 2014

Gornitzky represented Bank Hapoalim in three simultaneous real-estate financing transactions with Neptune Hotel Ltd., Sella Capital Real Estate Ltd. and Issta Israel Ltd. 

Gornitzky represented Bank Hapoalim (TASE: POLI) in three separate and simultaneous real-estate financing transactions with Neptune Hotel Ltd. (of the ILDC Group), Sella Capital Real Estate Ltd. (TASE: SLARL) and Issta Israel Ltd.

 

Bank Hapoalim was represented by Eli Elya (Partner, Banking and Finance), Lior Relevy (Real Estate), Inbal Ravid-Badner, Nir Keidar and Lior Baran.

June 28th, 2015

Gornitzky represented Bank Hapoalim, Mizrahi Tefahot Bank, and The Phoenix as lenders in a NIS 600 million syndicated loan to Mashav - Initiating and Development Ltd., a private holding company which owns Israel's sole producer of cement.

Gornitzky represented Bank Hapoalim, Mizrahi Tefahot Bank, and The Phoenix as lenders in a NIS 600 million syndicated loan to Mashav - Initiating and Development Ltd., a private holding company which owns, among others, Nesher Israel Cement Enterprises Ltd., Israel's sole producer of cement. The loan will be used, in part, to refinance Mashav's debt to the syndication and, in part, for the development of its activities and investments in the areas of industry, infrastructures and energy.


The lenders were represented by Eli Elya (Partner), Inbal Badner and Nir Keidar.

 

January 2nd, 2013

Gornitzky & Co. represented Hadas Arazim Investment House, in a merger transaction with Halman-Aldubi, subsequent to which the joint investment house will manage assets and investment in the scope of approximately USD 5 billion.

Gornitzky & Co. represented Hadas Arazim Investment House, in a merger transaction with Halman-Aldubi, subsequent to which the joint investment house will manage assets and investment in the scope of approximately USD 5 billion.

 

The transaction included the transfer and sale of shares in Hadas Arazim's subsidiaries, the merger of Hadas Arazim's provident funds management company with Halman Aldubi's provident funds management company and the refinancing of bank loans.

 

Hadas Arazim was represented by Chaim Friedland (Partner), Timor Belan (Partner) and Inbal Ravid-Badner.