Our firm represented Israel Ports – Development & Assets Company Ltd. in a public bond offering in a total amount of NIS 750 million, by way of expanding an existing traded series. The company increased the capital-raising amount after high demand was recorded in an amount of approximately NIS 1.35 billion. The bonds were listed for trading on the Tel Aviv Stock Exchange.
The Israel Ports – Development & Assets Company is a government company which is responsible, among other things, for the development of the three commercial ports in Israel – in Haifa, in Ashdod and in Eilat, and for the management of large-scale infrastructure development projects.
The Israel Ports – Development & Assets Company was represented by the partner, Adv. Sharon Werker Sagy, and associate, Adv. Sharon Strauss.
November 10, 2020
