Gornitzky represented SHIR Shlomo Real Estate Ltd., of the Shlomo Group, in an exchange tender offer swapping short-term debt with long-term debt, totalling approximately NIS 128 million.
The process involved a tender offer over the exchange ratio, allowing the company to choose the exchange ratio between the bond series being swapped, as well as the number of bonds the company wishes to replace.
SHIR Shlomo Real Estate was represented by Sharon Werker-Sagy (Partner) and Sharon Strauss (Associate).
