Israeli Econergy Completes NIS 276M Restructuring
Categories: Capital Markets
Econergy Renewable Energy Ltd. has completed a significant NIS 276 million capital and debt restructuring designed to optimise its financial position. The process included two exchange offers replacing its Series A convertible bonds with a new exchange unit combining company shares and Series B straight bonds.
The restructuring strengthens the company’s balance sheet and enhances flexibility for future operations in Israel’s competitive renewable energy sector.
EBN advised on the full transaction, including securities, regulatory, and corporate matters. The legal team comprised Moty Yamin, Meni Kogan, Chen Balaban Magen, Esti Rashragovich Bar, and Michal Sivan.
