BIG Shopping Centers Ltd. has issued bonds
BIG Shopping Centers Ltd. has raised funds by issuing bonds to refinance and develop the company.
BIG Shopping Centers Ltd. is a publicly-traded company engaged in the development, investment and management of projects in retail, logistics, offices, residences for rent and renewable energy, with the majority of its business operations focused on yield-bearing real estate. It is Israel’s leading company in developing open-air and lifestyle shopping centers. Founded in 1994, it operates in Israel, USA, India and Serbia. It has ownership (entire or partnership) of 57 projects in these four countries, 46 of them being operational shopping centers and the remaining 11 under development. The company has been traded on the Tel Aviv Stock Exchange since 2006 and is listed on the TA 100 Index, the top 100 companies on the stock exchange.
Oaklins’ team in Israel advised BIG Shopping Centers Ltd. and acted as a member of the distributors’ consortium.
Talk to the deal team
Related deals
Manolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn moreHC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen
Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.
Learn moreCaja 18 has successfully completed a US$42 million corporate bond placement
Caja 18 has completed a placement of US$42 million (1,100,000UF) in corporate bonds on the local capital market. The bonds, with a seven-year term, semi-annual amortizations and a duration of 3.87 years, were secured by social credit guarantees. The proceeds will be used to finance Caja 18’s social credit program and refinance previously contracted liabilities for the same purpose. As part of this refinancing plan, Caja 18 also completed the voluntary early repurchase of its Series A bonds.
Learn more