Congratulations to our clients Barclays Bank PLC, Citigroup Global Markets Limited, Goldman Sachs International, J.P. Morgan Securities plc, Jefferies LLC, and Morgan Stanley & Co. International plc for acting as global underwriters of the $2 billion international bond offering by Bank Hapoalim, which attracted approximately $7 billion in demand from institutional investors in the United States, Europe and the United Kingdom. This was the largest international bond offering to date by an Israeli financial institution. The bonds are listed on the institutional trading platform of the Tel Aviv Stock Exchange, called TASE UP.
The team providing legal counsel to the investment banks was led by Adam Klein of our International Corporate Department and Ariel Rosenberg, Orit Kremer and Yarden Ruben our Corporate, Finance and Infrastructure Department.