Delshah Capital restructures USD 60 million of TASE-traded bonds

Categories: Capital Markets, Real Estate

Chapman has been selected and is serving as U.S. counsel to the bond trustee in connection with the restructuring of approximately USD60 million of bonds traded on the Tel Aviv Stock Exchange.

The bonds had been issued by Delshah Capital Limited, a British Virgin Islands issuer whose U.S. subsidiaries are engaged in the acquisition and development of real estate projects in the New York City metro area.

Chapman’s Michael Friedman acted as the lead attorney on the matter.

Chapman and Cutler LLP