January 19, 2012

Gornitzky represents clients in a convertible note financing in Better Place of up to USD 100 million

Gornitzky represented Israel Corporation Ltd. and entities controlled by the Ofer Group in connection with a convertible note financing in Better Place Inc. of up to an aggregate of USD 100 million.

The investment was made by existing shareholders of Better Place and included, in addition to Israel Corporation and the entities controlled by the Ofer Group, additional shareholders of Better Place, including a leading global financial institution.

Zvi Ephrat (Senior Partner), Chaim Friedland (Partner) and Avishai Marom led the representation.

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