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Mizrahi Tefahot Bank Raises NIS 4.3 Billion in Bond Offering
Mizrahi Tefahot Bank raised approximately 4.3 billion shekels in a successful bond issuance, exceeding its initial target due to strong institutional investor demand. The funds were raised across three different bond series at competitive rates.
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What happened
- 01Mizrahi Tefahot Bank raised NIS 4.3 billion in a bond offering.
- 02Investor demand reached NIS 6.8 billion, surpassing the NIS 2.8 billion target.
- 03Funds were raised across three distinct bond series.
- 04CEO cited high investor confidence and cost-effective funding.
- 05Rosario Capital led the issuance process.
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