HSBC Leads USD 600m Gas Deal
HSBC and a consortium of international lenders granted a USD 600 million senior credit facility to Ratio Energies Limited Partnership (TASE: RATI-L), an Israeli energy company operating in the Leviathan natural gas reservoir—one of Israel’s most strategic offshore assets. The facility will support Ratio’s ongoing development and operations in the basin.
This marks the third secured refinancing for the Leviathan project, involving collaboration between new and existing financiers. The transaction reflects sustained global investor confidence in Israel’s energy sector amid rising demand for natural gas and regional energy integration.
Arnon, Tadmor-Levy acted as Israeli counsel, led by Simon Weintraub, Avi Anouchi, Idan Adar, and Itamar Brown. Ofir Levy and Ofir Paz advised on tax matters, while Roni Osborne handled regulatory issues. The firm worked closely with the London office of Watson Farley & Williams LLP. Completion remains subject to regulatory approvals.
