December 12, 2018

Gornitzky represented PetroTex Limited Partnership in a NIS 50 million public secured bonds series offering, and in completion of a transaction for the purchase of petroleum assets in Mississippi USA.

Gornitzky represented PetroTex Limited Partnership (Israeli partnership traded on the Tel Aviv Stock Exchange which is engaged in the acquisition of income producing petroleum assets and in the development and production of petroleum assets) in a NIS 50 million public secured bonds series offering, and in completion of a transaction for the purchase of petroleum assets in Mississippi USA. The bond were secured by a mortgages over PetroTex’s rights in petroleum assets in Texas and Mississippi, and the bond proceeds were designated for financing the completion of the said acquisition of oil assets in Mississippi.

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

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