Menachem Oren

Oranim al ha-Yam completed its first bond offering on the Tel Aviv Stock Exchange, raising 600 million NIS. The funds will refinance bank debt as its luxury assisted living project in Rishon LeZion enters the occupancy phase.

Real estate company Oranim is entering the stock exchange to raise approximately 600 million shekels through a bond issuance for its "Oranim al HaYam" project in Rishon LeZion.