Credito IPOs Ltd. completes first public RMBS transaction in Israel

Categories: Capital Markets

Credito IPOs Ltd. has completed the first public RMBS Transaction in Israel.

This groundbreaking transaction securitizes a NIS 450 million mortgage portfolio secured by first ranking security over residential properties. The senior notes received AAA.il rating from S&P Maalot and will be listed for trading on the Tel-Aviv Stock Exchange (symbol CRDT).

Based in Israel, Credito IPOs Ltd. is known for its expertise in guiding companies through the process of going public, particularly within the Israeli market.

Herzog advised Credito IPOs Ltd., with partners Roy Nachimzon and Ohad Graub leading the transaction, supported by associates Shiri Cohen and Netta Tauber, and intern Danielle Janeli.