Thursday 5 December 2019

All Year’s Israeli bonds tumble on $41M loss

Since the market meltdown in Tel Aviv, Yoel Goldman’s All Year Management has spent all year managing the worries of bondholders. But the developer’s latest earnings report has investors on edge again. All Years’ British Virgin Islands–registered bond-issuing entity suffered a stunning $40.8 million loss in the third quarter, an earnings report released on Thanksgiving revealed. That brought the company’s total losses for the year to $52.4 million — a dramatic reversal from its $76.9



source https://therealdeal.com/2019/12/05/all-years-israeli-bonds-tumble-on-41m-loss/

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