Show me an example Israel Real Estate News: Gazit-Globe raises 400 mln shekels in bond issue

Tuesday, February 24, 2009

Gazit-Globe raises 400 mln shekels in bond issue

TEL AVIV, Feb 22 (Reuters) - Israeli real estate investment firm Gazit-Globe (GLOB.TA: Quote, Profile, Research) said on Sunday it raised about 400 million shekels ($96 million) in a public bond offering.

The bonds mature in 7.6 years and yield 7 percent, the company said in a statement.

Gazit-Globe raised another 200 million shekels in an offering of options to be exercised to buy bonds.

Gazit-Globe is the largest shareholder in Finland's Citycon (CTY1S.HE: Quote, Profile, Research).