Fox-Wizel completes NIS555m Series B bond offering on TASE

Categories: Capital Markets

Fox-Wizel Ltd., one of Israel’s largest fashion and retail groups, completed a public offering of its Series B bonds on the Tel Aviv Stock Exchange, raising approximately NIS 555 million.

The offering drew strong institutional demand, with orders exceeding NIS 2.3 billion. The issued bonds are unsecured and double-rated, carrying an annual interest rate of 4.39%.

Herzog advised Fox-Wizel on the transaction. The firm’s team included partners Nir Dash and Yotam Kleiman, together with interns Ofek Goldschmidt and Eliana Kaye.