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Full coverage· Economy· Updated

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

  1. 01Mizrahi Tefahot Bank raised NIS 4.3 billion in a bond offering.
  2. 02Investor demand reached NIS 6.8 billion, surpassing the NIS 2.8 billion target.
  3. 03Funds were raised across three distinct bond series.
  4. 04CEO cited high investor confidence and cost-effective funding.
  5. 05Rosario Capital led the issuance process.
Translated and summarized by baba from Alarab, the latest report. Read Alarab’s original

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