February 28, 2019

Gornitzky represented Melisron Ltd. in its NIS 220 million public offering of bonds on the TASE.

Gornitzky represented Melisron Ltd., a leading real estate company in Israel in the field of shopping malls and commercial centers, in its NIS 220 million public offering of bonds on the TASE by way of the expansion of an existing traded series of bonds that are secured by a second lien on the Kiryon shopping mall.

The proceeds of the offering were applied for the purpose of the early redemption, in full, of another series of bonds of the company which were traded on the TASE and of bonds issued by one of Melisron’s subsidiaries, and which were secured by liens on The Big Mall located in Petah Tikvah.

Melisron was represented by Sharon Werker-Sagy (Partner), Inbal Zackay-Horev (Senior Associate) and Sharon Strauss (Associate).
Itai Itzkovich (partner) and Shahar Oshri (associate) assisted with the real estate aspects.

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