Israeli renewable energy company Nofar Energy completes NIS 350m bond issuance and NIS 400m exchange offer
Categories: Capital Markets, Projects & Energy
Nofar Energy, a leading Israeli renewable energy company, has completed two significant bond offerings totalling NIS 750 million. The process included an initial NIS 350 million issuance of Series D bonds, followed by an additional NIS 400 million issuance through an exchange offer of existing bonds.
These transactions further solidify Nofar Energy’s financial foundation and enhance its ability to expand its renewable energy projects.
Legal counsel for these offerings was provided by Herzog, and a team comprising partner Efrat Tzur, associate Matan Bouskila, and intern Ann Prashkovsky.