Record demand for Gev-Yam recruitment: “constitute an expression of confidence in the company’s capital market”

by time news

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A record demand was recorded for the raising of Gev-Yam, which sought to raise NIS 600 million and, following the demand, finally raised NIS 1.2 billion. Raising as part of the issuance of CPI-linked bonds, but with an average interest rate of zero percent and an average maturity of 5.8 years. Avi Jakubowicz, CEO of Gev-Yam, said, “The high demand in the IPO is an expression of the capital market’s confidence in the company, in the quality of its assets and in its business strategy.”

Old John
03/03/2022 13:32

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