December 12, 2018

Gornitzky represented PetroTex Limited Partnership in its NIS 50 million public offering of secured bonds, and in its purchase of petroleum assets in Mississippi USA.

Gornitzky represented PetroTex Limited Partnership in its NIS 50 million public offering of secured bonds, and in its purchase of petroleum assets in Mississippi USA. The bonds were secured by mortgages over PetroTex’s rights in petroleum assets in Texas and Mississippi, and the proceeds from the offering were used for financing the completion of the said acquisition of petroleum assets in Mississippi.

PetroTex Limited Partnership is an Israeli partnership traded on the TASE that is engaged in the acquisition of income producing petroleum assets and in the development and production of petroleum assets.

PetroTex Limited Partnership was represented by Yair Shiloni (Partner), Itamar Ben-Yehuda (Associate) and Moshe Sevi (Associate).

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