Lightstone, owned by businessman David Lichtenstein, involved in real estate development across the United States, completed the expansion of a debenture’s series totaling approximately USD 305 million in December 2023.
Spencer, owned by entrepreneur Joel Gluck, engaged in real estate development in New York City, completed an expansion of a debenture’s series totaling approximately NIS 100 million in December 2023.
Extell, owned by entrepreneur Gary Barnett, one of the most active entrepreneurial companies in New York, completed the expansion of a debenture’s series on the Tel Aviv Stock Exchange in December 2023, through a private placement totaling approximately NIS 168 million.
Israel-Canada Company raised 170 million shekels through a private stock offering to several institutional bodies, including Phoenix, Mor, Mizrahi Tefahot, Clal, Menora, and the Noked and Sphera Hedge Funds
Namco Realty Ltd. owned by the US businessman Igal Namdar, has successfully raised approx. NIS 410 million bearing an annual interest rate of 6.35%, as part of the issuance of a new series of bonds secured by mortgages overs two office and commercial buildings on the Fifth Avenue in Manhattan, New York.
An investment deal was signed between the Best Group and the Phoenix Company. According to the agreement, the Best Group, Phoenix Company, and other investors will establish a Canadian partnership to operate in the field of long-term, multiple-unit rental housing in Ontario, Canada. The partnership will be managed by the Best Group. As part of the transaction, Phoenix Company, along with other investors, will invest approximately 160 million Canadian dollars (about 450 million NIS). Our firm represented the Best Group in this transaction.
Fattal Properties (Europe) Ltd. has completed the issuance of Series E bonds, rated “A2.il,” in the amount of approximately NIS 197 million.
Pacific Oak SOR (BVI) Holdings Ltd. has successfully raised approx. NIS 340 million bearing an annual interest rate of 9%, as part of the issuance of a new series of bonds secured by mortgages over several lands in Las Vegas and Dallas, US.
Lightstone Enterprises Limited, owned by the US businessman David Lichtenstein, has successfully raised approx. NIS 382 million as part of the expansion of Series C of the Company’s bonds.
Our firm accompanied Carasso Motors Ltd. in an expansion of its Series C+D Bonds for a total amount of approx. NIS 500 million.
Our firm accompanied Tikun Olam Cannbit Pharmaceuticals Ltd. in the issuance of rights to stocks.
Our firm has been ranked “Top Tier” by the prestigious Legal 500 ranking guide for 2023 Our firm has been ranked “Top Tier” by the prestigious Legal 500 ranking guide for 2022 in the Capital Markets practice field. Adv. Israel Simonov was acknowledged as a leading individual and Adv. Dudi Berland was acknowledged as Next Generation Partner.
Our firm accompanied Carasso Real Estate Ltd. in an expansion of its Series A Bonds for a total amount of approx. NIS 146 million.
Proud to be ranked as one of Israel’s leading firms (tier1) in the Capital Markets practice areas by the Israeli ranking guide Duns’100.
Our firm accompanied Gabay Properties and Development Ltd. in a Public Offering of Bonds (new series), secured by liens on real estate assets, in a total amount of approx. NIS 177 million.
Our firm accompanied Carasso Motors Ltd. in an expansion of both Series A and C Bonds for a total amount of approx. NIS 520 million.
Our firm accompanied Akro Group Ltd. in a private offering of Bonds by way of expanding Series A for a total amount of approx. NIS 200 Million
