IFLR1000

Harel Insurance Group NIS300 million hybrid notes issue

1/10/2015
Convertible and hybrid securities, Investment grade bond/note issue
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NIS 300 million

$ 80.699 million

Completed

1/10/2015

Overview:

  • Harel Insurance Group has undertaken a NIS 300 million hybrid bond issue.
  • The hybrid notes were issued via a private placement, the first issue was valued at NIS 255 million followed a month later by a NIS 45 million issue.

Sam Duke - Editor

Jurisdiction:

Israel

Deal types:

Convertible and hybrid securities
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Insurance

Firm:
FISCHER (FBC & Co.)

Party: Harel Insurance Investments and Financial Services (Issuer)

Lawyer: Avraham Well

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