Our Firm represented ETGA, one of the leading companies in Israel in the field of logistics, maritime, and air shipping, with extensive activity in the field of non-banking financing – on its first public offering (IPO), raising NIS 130 million for a total value of NIS 400 million (pre-money).
Attorneys Dudi Berland , Benjamin Ben Zimra and Ido Lachman of our firm were in charge for this IPO
Primotec Group Ltd., company which operates mainly in manufacturing, importing and marketing wide range of disposable and expendable products and complementary and ancillary equipment for institutional and retail market in Israel, has successfully completed its share’s IPO in the amount of approx. NIS 75 million, at a company value of approx. NIS 285 million pre money, and listed its shares on the Tel Aviv Stock Exchange.
Our firm represented the real estate company Extell Limited, controlled by Mr. Gary Barnett, in a Series C first public offering and expansion by private placement in the total amount of approximately NIS 240 million
Our firm represented Gabay Properties And Development Ltd. in the issuance of a new unsecured bond series, in which it raised NIS 80 million par value of bonds at an interest rate of 4.19%
Our firm represented Carasso Motors Ltd. in a 460 million bond funding, in two series. The funding included the issuance of a new series of bonds, subordinated to Carasso’s senior debt and secured by pledges on its leasing company’s vehicles, as well as expansion of a senior series.
Our firm represented PACIFIC OAK SOR (BVI) HOLDINGS, LTD (part of the PACIFIC OAK Group from California) in expansion of its series A bonds by a private placement to classified investors in the amount of NIS 245 million.
Our firm represented ETGA, one of the leading companies in Israel in the field of logistics, maritime, and air shipping, with extensive activity in the field of non-banking financing – in its first public offering (IPO), raising NIS 130 million for a total value of NIS 400 million (pre-money).
Our firm represented Solear on its prospectus for its initial public offering and offering of its shares on the Tel Aviv Stock Exchange Ltd., amounting to NIS 132 million, at a company value of approximately NIS 600 million.
Our firm accompanied Spencer Equity Group Limited in its private issuance of bonds (series B) to classified investors in the amount of NIS 250 million, by way of expanding the outstanding series.
Shimonov & Co. is representing Nofar Energy Ltd. in the largest equity offering on TASE so far for 2020 (NIS 600 Million).
Nofar Energy is represented by the firm’s partners Adv. Israel Shimonov and Adv. Ayana Wechsler, Adv. Igor Katz (head of Professional Dept) and associates- Adv. Tal Naar and Adv. Nofar Haber.
Our law firm represented The Leser Group, a real estate group that handles income-producing real estate in New York, in a round of raising a new series of bonds secured by a mortgage on three real estate properties in New York, amounting at NIS 168 million (with a total monetary value of 164 NIS million) at an interest rate of 5%.
Our firm is proud to represent Doral-Energy Group, a group expanding rapidly in the energy market in Israel and the US, in its IPO that took place this week. The IPO was made at a company value of NIS 575 million before raising capital. Dorel was represented by Adv. Israel Shimonov and Adv. Ayana Wechsler. The IPO was the first of its kind to take place since he Covid-19 crisis outbreak, and we are proud to say that even during these challenging times, our firm continues to be in the centre of business world in Israel.
In 2019, the firm accompanied in a groundbreaking and first-of-its-kind IPO Prospectus, when for the first time ever, a U.S. REIT with an UPREIT structure was introduced on the TASE to offer shares to the Israeli public, for which reason the REIT underwent the full listing process in Israel and not a dual listing.
