Wednesday, 2 May 2018

Silverstein raises $200M in bonds in Tel Aviv

Larry Silverstein’s Silverstein Properties tendered a $200 million bond offer on the Tel Aviv Stock Exchange on Tuesday — its first on the Israeli market — and raised the full amount, at a 3.38 percent interest rate. The developer’s offer was oversubscribed by nearly triple the asking amount, receiving $592 million in bids from investors, according to documents filed with the stock exchange. Silverstein accepted $174 million in the institutional tender, with the remaining $26 […]



source https://therealdeal.com/2018/05/02/silverstein-raises-200m-in-bonds-in-tel-aviv/

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