The article belongs to the category:Deals & Cases

Delek bondholders approve new agreement

June 2020

The trustees and bondholders of 7 different series of bonds of Delek Group Ltd., controlled by Mr. Yitzhak Tshuva.

With Delek’s total debt standing at NIS 6 billion, bondholders have approved an agreement to amend the trust deeds to give Delek more time and set out key payment milestones.

The trustees and bondholders are represented by the Co-Heads of our office’s insolvency department, Partners Raanan Kalir and Alon Binyamini, along with Attorneys Zohar Levin and Yarden Rosenbush, and interns Tomer Shaked and Gilad Kirg.

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