Landmark Public RMBS Transaction in Israel
19 August 2024
Congratulations to our client Credito IPOs Ltd. for completing the first public RMBS Transaction in Israel. This groundbreaking transaction securitizes a NIS 450 million mortgage portfolio secured by first ranking security over residential properties.
The senior notes received AAA.il rating from S&P Maalot and will be listed for trading on the Tel-Aviv Stock Exchange (symbol CRDT).
The team was led by partners Roy Nachimzon and Ohad Graub, with associates Shiri Cohen and Netta Tauber and intern Danielle Janeli.