November 30, 2016

Gornitzky represents Menora Mivtachim in a secondary capital raising in the amount of NIS 100 million.

Gornitzky represented Menora Mivtachim Insurance Ltd. in connection with two institutional bodies – third parties that are not connected to the Menora group – in a deferred liabilities deed, according to which Menora will be granted an amount of NIS 100 million, in return for recognition as complex secondary capital of Menora Insurance, in accordance with the confirmation of the Director of Capital Market, Insurance and Savings Department.

Menora Mivtachim Insurance Ltd. was represented by Sharon Werker Sagy (Partner).


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