IFLR1000

Migdal Insurance Group NIS1.9 billion hybrid bond issue

1/12/2015
Convertible and hybrid securities, Investment grade bond/note issue
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NIS 1.9 billion

$ 511.151 million

Completed

1/12/2015

Overview:

  • Migdal Insurance Group has undertaken a NIS1.9 billion hybrid bond issue.
  • The initial issue was for NIS1.1 billion with additional offerings taking the value to NIS1.9 billion.
  • The bonds are due in 2029.

Sam Duke - Editor

Jurisdiction:

Israel

Deal types:

Convertible and hybrid securities
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Israel

Industry sector:

Insurance

Firm:
FISCHER (FBC & Co.)

Party: Migdal Insurance Group (Issuer)

Lawyer: Avraham Well

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