Shikun & Binui’s Commercial Papers Offering

Gornitzky advised Shikun & Binui on the deal.

Shikun & Binui issued commercial papers to the public in a total amount of approximately NIS 250 million (approx. US$80.25 million), by way of issuing a new series of commercial papers.

Shikun & Binui is Israel’s leading infrastructure and real estate company.

The Gornitzky team was led by Partners Sharon Werker-Sagy and Itamar Ben Yehuda (Picture), and also included Associate Idan Ben David.

Involved fees earner: Idan Ben David – Gornitzky & Co.; Itamar Ben Yehuda – Gornitzky & Co.; Sharon Werker-Sagy – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Shikun & Binui Ltd;