Tuesday 5 November 2019

No panic: Westdale mulls $50M Series B bond raise in Tel Aviv

After a late-2018 shakeup saw Israeli investors rethink their interest in U.S. real estate bonds, one new entrant to the market is already coming back for more. Dallas-based Westdale Asset Management, which debuted on the Tel Aviv Stock Exchange with a 500 million–shekel (about $140 million) Series A bond issuance in April, is now looking to raise another 180 million shekels (roughly $52 million) for its Series B, according to rating documents filed with the



source https://therealdeal.com/2019/11/05/no-panic-westdale-mulls-50m-series-b-bond-raise-in-tel-aviv/

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