Two Israeli banks issue total of USD 1.3 billion in bonds
Categories: Banking & Finance, Shipping & Transport
Israel Discount Bank issued USD800 million of senior notes in its first ever dollar-based international bond issue. Additionally,
Bank Leumi has also issued USD 500 million of Tier 2 contingent convertible (CoCo) green notes—the bank’s first offering under its new Green Bond Framework.
Chapman served as U.S. counsel to Reznik Paz Nevo Trusts Ltd. in these two transactions led by partner and Israel practice group leader Michael Friedman, together with partner John Hitt and counsel Keith Branch.
