Our firm represented a syndicate of lenders comprising Menora, Migdal and Bank Hapoalim in a circa NIS 1,000,000,000 loan to Shikun & Binui group to support the acquisition of land in the Sde Dov area for the construction of over 500 long-term rental apartments following its award of a tender of the Israel Land Authority and government company Dira Le’haskir for a mixed-use project in the Sde Dov area.
The GNY team was led by partners Inbal Badner and Eli Elya (Head of Banking and Finance) together with associates Hana Atias and Shaked Hindi and legal intern Omer Levin.
July 05, 2022
