Israel Ports Development & Assets Company Ltd’s $431.5 Million Bonds Offering


Gornitzky represented Israel Ports Development & Assets Company Ltd. in the deal.

Israel Ports Development & Assets Company Ltd. did a public bonds offering in total of 1.5 billion NIS (approx. US$431.5 million), following an existing series of bond offerings. Due to the raise of the demanded amount to 3.8 billion, the company expanded its scope of recruited assets.

The Gornitzky team was composed by partner Sharon Werker-Sagy (Picture) and associate Sharon Strauss. Associates Daniel Skald and Lilach Shamir advised on tax matters.

Involved fees earner: Lilach Shamir – Gornitzky & Co.; Daniel Skald – Gornitzky & Co.; Sharon Strauss – Gornitzky & Co.; Sharon Werker-Sagy – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Israel Ports Development & Assets Company Ltd;

Author: Michael Patrini.