IBC raises NIS 490m. in bond issue

IBC Ltd., a member of the Fishman Investment Group, announced on Thursday it has raised NIS 490m. in an offering of bonds that were rated "AA-stable."

By MATTHEW KRIEGER
September 23, 2007 07:49

Industrial Buildings Corporation Ltd., a member of the Fishman Investment Group, announced on Thursday it has raised NIS 490m. in an offering of bonds that were rated "AA-stable." IBC is Israel's largest real estate company, owning a diverse portfolio of approximately 1.7 million sq. m. of income-producing properties worldwide including class A office buildings, shopping and retail centers, industrial and logistical facilities, as well as large scale median income and luxury income residential developments.


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