Tuesday, 10 September 2019

Lightstone becomes third NYC developer in a week to plan new Tel Aviv bond issuance, targeting $73M

Three examples makes for a trend, right? A week after Silverstein Properties first broke the ice, David Lichtenstein’s Lightstone Group is now the third New York City developer to disclose plans for a new bond offering on the Tel Aviv Stock Exchange. Rating documents filed with TASE on Tuesday indicates that the firm’s Series B bond issuance may be worth up to 260 million Israeli shekels, or roughly $73 million. Ratings firm Midroog has given […]



source https://therealdeal.com/2019/09/10/lightstone-becomes-third-nyc-developer-in-a-week-to-plan-new-tel-aviv-bond-issuance-targeting-73m/

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