Meir Shamir provided real estate loans for NIS 1.5 billion

During the second quarter, the company raised NIS 220 million through the issuance of bonds (series A), with a 3.4-year maturity and a variable interest rate, which is not linked to the index, at the rate of the Bank of Israel plus a fixed margin rate.- The first, raising debt for the first time Through the bond series in April 2022 in the amount of NIS 150 million, as well as the expansion of the existing series through a private allocation to classified investors during June 2022 in an additional amount of NIS 70 million. Also, the company reached agreements with the banking corporations according to which the total amount of credit to the company will increase by 150 million shekels, to a total of 1,280 million shekels, as well as on improving the conditions of the benchmarks to which the company committed.