Refinancing of Brightfood’s acquisition of Tnuva


Gornitzky represented Bank Hapoalim as arranger and lender and other syndicate lenders – Discount Bank, First International Bank of Israel, Clal insurance company and The Phoenix insurance company, in a multicurrency syndicated loans for refinancing a part of Bright Food (Group) Co. Ltd.’s acquisition financing of Israeli food company Tnuva from 2015, the largest financing of a Chinese purchaser in Israel and one of the largest transactions in Israel in recent years.

Gornitzky represented Bank Hapoalim, Discount Bank, First International Bank of Israel, Clal insurance company and The Phoenix insurance company with Eli Elya (Picture), Dubi Gross (partner), Ori Yitzhak (partner), Gila Ponte-Shlush, Nir Keidar and Alon Peled

Involved fees earner: Dubi Gross – Gornitzky & Co.; Ori Yitzhak – Gornitzky & Co.; Gila Ponte-Shlush – Gornitzky & Co.; Nir Keidar – Gornitzky & Co.; Alon Peled – Gornitzky & Co.; Eli Elya – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Bank Hapoalim; First International Bank of Israel Ltd.; Clal Insurance Enterprises Holdings Ltd.; Phoenix Insurance; Israel Discount Bank Limited;