Harel Insurance Group NIS300 million hybrid notes issue

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

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:

Party: Harel Insurance Investments and Financial Services (Issuer)