Megiddo Y.K. Raises NIS 123M in IPO
Categories: Corporate and M&A
Megiddo Y.K. Ltd., a subsidiary of Aura Investments Ltd., has successfully completed a NIS 123 million IPO of secured bonds, backed by liens on project surpluses. The proceeds will support the company’s expansion in residential development, reinforcing its position in Israel’s real estate market.
Goldfarb Gross Seligman advised Megiddo on the offering, with a team led by Ofer Hanoch, Head of the Banking and Finance Department, alongside Adv. Bar Avital, Adv. Noit Rheingold Globerman, and intern Yael Dar.
The successful issuance reflects strong investor confidence in Megiddo’s financial stability and growth potential.
