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.
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