IFLR1000

Kavim Public Transportation NIS750 million refinancing

1/4/2016
Refinancing
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Af 750 million

$ 201.825 million

Completed

1/4/2016

Overview:

  • Kavim Public Transportation has taken out €750 million in new financing.
  • The funds will be used to refinance Kavim's existing debt.
  • Israel Discount Bank was the lender.
  • The deal comes in the wake of Kavim winning a number of tenders in Israel.

Sam Duke - Editor

Jurisdiction:

Israel

Deal type:

Refinancing

Practice area:

Banking

Governing law:

Israel

Industry sector:

Transport

Firms:
AYR – Amar Reiter Jeanne Shochatovitch & Co

Party: Kavim Public Transportation (Borrower)

Lawyers: Assaf Lapid, Yoav Caspi

FISCHER (FBC & Co.)

Party: Israel Discount Bank (Lender)

Lawyer: Miri Kimhi

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