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
Our firm is proud to have advised Tnuport (1990) Ltd. in issuing 640 million NIS in a new series of bonds, backed by Tnuport’s real-estate assets and 50% of Zemach-Tnuport shares. Among others, this fundraising will be used for full early redemption of the Series A bonds, for an estimated amount of 386 million NIS.
Our firm accompanied Carasso Real Estate Ltd. On it’s NIS 250 million bonds issuance, rated ‘il.A-‘.
Our new offices are ‘front-and-center’, featured in an online article, which showcases the special design process of the architect Raz Melamed.
Our firm accompanied Akro Group Ltd. in a public offering a new series of Bonds for a total amount of approx. NIS 500 million.
Our firm represented Sapir Corp Lrd, controlled by businessman Alex Sapir, in issuing 290 million NIS in a new series of bonds traded on the TASE, by way of uneven offer, secured by a first mortgage on ‘Nomo Soho’ Hotel in New York. Among others, this fundraising was used for the refinance of the senior debt on the hotel.
Our firm accompanied Carraso Ltd. in its first public offering of shares at a pre-money valuation of 1.8 billion NIS, raising 332 million NIS. A total of 164 million NIS worth of Carraso Real Estate shares were sold in the offering.
Our firm has been ranked “Top Tier” by the prestigious BdiCode ranking guide for 2022 in the Capital Markets practice field.
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 represented MRR Thirteen Limited, controlled by industrialist Anand Mahindra and New York real estate owner and developer Rotem Rosen in issuing 360 million NIS in a new series of bonds traded on the TASE, by way of uneven offer, secured by a first mortgage on Hotel Indigo Lower East Side New York and on the membership interest of MRR in an LLC which acquired a land parcel in Miami. Among others, this fundraising was used for full early redemption of the Series A bonds and the acquisition of the Miami land parcel.
Our firm represented A.R. REM Projects controlled by the Nakash brothers, Raz Oded and Avi Hormaro in a transaction in which Leumi Partners acquired 7.5% of the holdings in ICR Israel Canada REM Holdings Ltd. for NIS 60 million, at a value of NIS 850 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 – 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 Namco Realty Ltd. in the expansion of their Series A bond issuance in the amount of NIS 85 million.
Our firm and its founder, Adv. Israel Shimonov, have been ranked “Top Tier” by the Chambers and Partners legal ranking guide for 2021 in the Capital Markets practice field. In addition, our firm’s Senior Partner, Adv. Amir Bar Tov has once again been ranked as a Top Tier lawyer in the field of Insolvency by the Chambers and Partners legal ranking guide for 2021.
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 firm accompanied Gabay Properties and Development Ltd in its issuance of a new series of bonds, guaranteed by pledges over 2 entrepreneurial projects in Tel Aviv and Ashkelon, in which NIS 80 million was raised at an interest rate of 4.59%.
