(Globes) Aharon Katz - For the first time since Oct. 7, Israel has completed raising dollar bonds in international markets totaling $8 billion. Demand for the offering reached $38 billion - 4.75 times the amount of the bonds being issued - and the highest ever for a State of Israel international bond issue. Demand for the issue was led by strategic investors such as pension funds, insurance companies, hedge funds, and institutions that have been holding Israeli securities for many years. 400 investors from 36 countries took part in the debt issue. The offering's underwriters were Deutsche Bank, BNP Paribas, Bank of America, and Goldman Sachs.
2024-03-06 00:00:00Full ArticleBACK Visit the Daily Alert Archive