Congratulations to Israel Canada and Acro Real Estate on a merger transaction valued at approximately NIS 10 billion.
We are proud to have advised on one of the most significant and strategic transactions seen in Israel’s capital markets and real estate sector in recent years.
According to this transaction, Israel Canada will acquire control of Acro Real Estate through a combined cash and shares consideration, forming one of the largest and strongest real estate groups in the Israeli market.
The transaction will be executed through a structure of approximately 40% cash and approximately 60% shares, subject to the required approvals.
The transaction was led by Adv. Israel Shimonov, Adv. Liron Azriel and Adv. Oren Elkabetz.
Congratulations to Carasso Real Estate on the successful completion of its Series B debenture offering.
As part of the transaction, the company expanded the series by approximately 327 thousand debentures, for a total consideration of approximately NIS 347 million. Following the expansion, the total outstanding principal of the series now stands at approximately NIS 723 million.
Carasso Real Estate was advised by Advs. Nir Cohen Sasson, Niv Fogel and Perry Zinger Nachum.
Carasso Motors completes a successful capital market Bond offering.
Our firm advised the company on the issuance of a new Bond series in the amount of NIS 500 million. The issuance, which closed at a CPI-linked interest rate of 2.41%, was met with strong demand.
The transaction was led on behalf of our firm by Adv. Nir Cohen Sasson, together with Roy Aharon.
The transaction was led by Adv. Nir Cohen Sasson, together with Roy Aharon.
Congratulations to Fattal Properties (Europe) Ltd. on the successful expansion of its Series F bonds.
As part of the transaction, the company expanded the series by approximately 269 million bonds, for an aggregate consideration of approximately ILS 290 million. Following the expansion, the total outstanding principal of the series now stands at approximately ILS 699 million.
We are proud to accompany Fattal Europe in its extensive capital market activities and its strategic growth.
Fattal was advised on the transaction by Adv. Jonathan Robinson from our firm.
American Equity Partners (AEP) has completed the issuance of a new bond series of approximately NIS 450 million, secured by nine real estate assets in New Jersey and Ohio, at an interest rate of 6.3%.
The issuance was advised by attorneys Dudi Berland, Benjamin Ben Zimra, Itay Yanay, and Adi Even.
Congratulations to Namco Realty LTD on completing the refinancing of Series C through a New Bond issuance of approximately NIS 550 million.
The offering attracted strong demand of over NIS 1 billion from institutional investors.
The transaction was led by attorneys Dudi Berland, Benjamin Ben Zimra, and Uria Mansur.
