Another successful bond raising by the Capital Markets Department

Advocates Ofer Yankovich, Gil Cherchi and Eden Amnon of our Corporate and Capital Markets Department, successfully accompanied our client, Almogim Holdings, which operates mainly in the initiation, development, construction, marketing and sale of residential real estate projects in Israel, in issuing a new series of bonds secured by liens, and listing it for trading on the Tel Aviv Stock Exchange, totaling approximately NIS 82 million. which is the full amount offered to the public.
In order to secure the company’s obligations, and as part of the terms of the bonds, our firm acts on behalf of the company, to create the liens to secure the bonds on the rights of the Almogim Group in surplus of its leading project, Carmel Valley Reserve.