Tuesday 26 May 2020

Abraham Leser targets $74M Israeli bond refi for Brooklyn, Bronx properties

Capital markets around the world are struggling with the impact of coronavirus. Still, one New York City landlord is turning to Tel Aviv for its latest refinancing. Abraham Leser’s Leser Group is examining the possibility of issuing a new bond series on the Tel Aviv Stock Exchange, which will be secured by a first mortgage on two properties in Brooklyn and one in the Bronx, the developer disclosed last week. A rating document published Monday



source https://therealdeal.com/2020/05/26/abraham-leser-targets-74m-israeli-bond-refi-for-brooklyn-bronx-properties/

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