JERUSALEM,(Reuters) - Israeli real estate company Elad, owner of New York's Plaza Hotel, raised 555 million shekels ($135 million) of bonds in a private offering to institutional investors, underwriter Leader Capital Markets said on Sunday. The bonds were rated AA by Standard & Poor's Israeli partner Maalot, Elad said in a statement.
Leader led the offering along with Poalim IBI, Menorah Insurance and Psagot-Leumi & Co.
