Wednesday 25 March 2020

As crisis worsens, Related’s Israeli bonds worry auditors

Since entering the Israeli bond market in 2015, the Related Companies has been one of the blue-chip U.S. firms of the Tel Aviv Stock Exchange, largely immune to the swings other issuers have experienced. But with just six months until its bonds are due to mature, questions are being raised about whether Related’s Tel Aviv subsidiary will survive the coronavirus crisis and prolonged economic uncertainty. The bond-issuing entity, Related Commercial Portfolio, reported an operating capital



source https://therealdeal.com/2020/03/25/as-crisis-worsens-relateds-israeli-bonds-worry-auditors/

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