Israeli Bezeq Shares Sold in USD 840M Secondary Offering

Categories: Capital Markets

B Communications completed a major secondary sale of 441,135,157 ordinary shares of Bezeq Israeli Telecommunication Corp. Ltd., generating approximately NIS 2.7 billion (USD 840 million).

The offering attracted strong investor demand and underscores the sustained appeal of Israel’s telecom sector to international capital markets.

Carter Ledyard & Milburn LLP advised B Communications as U.S. counsel, with partner Guy Ben-Ami leading the CLM team.

Shibolet acted as Israeli counsel.

Latham & Watkins supported joint bookrunners Citi and Jefferies, with counsel from Joshua Kiernan and Gilad Zohari, together with associates Frederick Gardner, Jamie Savren, and Milan capital markets lawyer Irene Pistotnik-Alessandro.

Carter Ledyard & Milburn LLP

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