07 December 2021
Advs. Kobi Ben Chitrit, David Osborne, Liron Hacohen, Shai Margalit, Chaim Cohen and interns Tani Sterman and Yaara Seri represented Windward, an Israeli company that has developed artificial intelligence-based forecasting technology for the maritime trade industry, in it's LSEG IPO (LON:WNWD). Yigal Arnon represented Windward since formation. 

Advs. Kobi Ben Chitrit, David Osborne, Liron Hacohen, Shai Margalit, Chaim Cohen and interns Tani Sterman and Yaara Seri represented Windward, an Israeli company that has developed artificial intelligence-based forecasting technology for the maritime trade industry, in it's LSEG IPO (LON:WNWD). Yigal Arnon represented Windward since formation. 


12 September 2021
Advs. Shiri Shaham, Maor Halev and Liad Calderon handled the first IPO to the public on the Tel Aviv Stock Exchange of Michlol Mimun Ltd., which raised NIS 110 million. Michlol, a client of the firm for several years, was established in 2017, and is a provider of complex credit, and since its incorporation, the company has extended financing to 100 projects and signed 35 additional agreements for the future extension of credit. Additionally, the company is planning to undertake complex debt financing for small and medium growth companies. 

Advs. Shiri Shaham, Maor Halev and Liad Calderon handled the first IPO to the public on the Tel Aviv Stock Exchange of Michlol Mimun Ltd., which raised NIS 110 million. Michlol, a client of the firm for several years, was established in 2017, and is a provider of complex credit, and since its incorporation, the company has extended financing to 100 projects and signed 35 additional agreements for the future extension of credit. Additionally, the company is planning to undertake complex debt financing for small and medium growth companies. 


15 March 2021
Advs. Simon Weintraub and Avi Anouchi, together with Shiri Shaham, Ofir Levy, Shai Margalit, Roni Osborne, Ofir Paz, Idan Adar, Zahava Moerdler, interns Dana Kleiman and Samuel Kuperstok, and in close collaboration with Simpson Thacher & Bartlett LLP from London and New York represented the main underwriters JP Morgan Chase and Morgan Stanley (jointly) as well as the primary buyers, including IBI Investment House, in the issuance of Energean International Bonds, in a $2.5 billion transaction. This is the third transaction of bond issues in connection with Israel's natural gas reserves within six months. In total, these IPOs are worth about $5 billion dollars.

Advs. Simon Weintraub and Avi Anouchi, together with Shiri Shaham, Ofir Levy, Shai Margalit, Roni Osborne, Ofir Paz, Idan Adar, Zahava Moerdler, interns Dana Kleiman and Samuel Kuperstok, and in close collaboration with Simpson Thacher & Bartlett LLP from London and New York represented the main underwriters JP Morgan Chase and Morgan Stanley (jointly) as well as the primary buyers, including IBI Investment House, in the issuance of Energean International Bonds, in a $2.5 billion transaction. This is the third transaction of bond issues in connection with Israel's natural gas reserves within six months. In total, these IPOs are worth about $5 billion dollars.


15 July 2020
Advs. Yuval Shalheveth, Daniel Marcovici and Moshe Pasker represented the Peninsula Group in acquiring Union Bank's diamond dealers credit portfolio, currently (June 2020) valued at $91 million and potentially up to $250 million (assuming all credit lines are utilized). In return, Peninsula will pay an amount equal to the size of the credit portfolio at the time of completion at a discount of between 30% and 45%, subject to the size of the portfolio. The portfolio also includes bad and doubtful debts amounting to over $160 million which will be transferred to Peninsula without any consideration. Negotiations were carried out with representatives of Mizrahi Bank and Union Bank which one of them, as part of the terms of their merger, must sell its credit portfolio, as determined by the Director General of the Israel Competition Authority. The transaction is subject to conditions precedent and in particular the completion of the merger between the banks. 

Advs. Yuval Shalheveth, Daniel Marcovici and Moshe Pasker represented the Peninsula Group in acquiring Union Bank's diamond dealers credit portfolio, currently (June 2020) valued at $91 million and potentially up to $250 million (assuming all credit lines are utilized). In return, Peninsula will pay an amount equal to the size of the credit portfolio at the time of completion at a discount of between 30% and 45%, subject to the size of the portfolio. The portfolio also includes bad and doubtful debts amounting to over $160 million which will be transferred to Peninsula without any consideration. Negotiations were carried out with representatives of Mizrahi Bank and Union Bank which one of them, as part of the terms of their merger, must sell its credit portfolio, as determined by the Director General of the Israel Competition Authority. The transaction is subject to conditions precedent and in particular the completion of the merger between the banks. 


02 July 2020
Advs. Barry Levenfeld, Adrian Daniels, Noah Zivan, Vered Glaubach and intern Nitzan Bigman represented Barclays in their role as underwriters in the IPO of clinical-stage bio-pharmaceutical company PolyPid on Nasdaq, in which $60 million were raised. They were joined by Shira Lahat, Daniel Green, Miriam Friedmann, Sophy Litvin, Dr. Eran Lempert, Assaf Mesica and Shai Margalit.

Advs. Barry Levenfeld, Adrian Daniels, Noah Zivan, Vered Glaubach and intern Nitzan Bigman represented Barclays in their role as underwriters in the IPO of clinical-stage bio-pharmaceutical company PolyPid on Nasdaq, in which $60 million were raised. They were joined by Shira Lahat, Daniel Green, Miriam Friedmann, Sophy Litvin, Dr. Eran Lempert, Assaf Mesica and Shai Margalit.


01 April 2019
Advs. David Schapiro, Daniel Marcovici Moshe Pasker represented Telrad Networks Ltd. in its purchase of Mermanet Organization and Project Management Ltd. for NIS 102 million. Telrad was represented in its negotiations with the banks for the purpose of raising NIS 78 million, part of the amount required for the transaction.

Advs. David Schapiro, Daniel Marcovici Moshe Pasker represented Telrad Networks Ltd. in its purchase of Mermanet Organization and Project Management Ltd. for NIS 102 million. Telrad was represented in its negotiations with the banks for the purpose of raising NIS 78 million, part of the amount required for the transaction.


29 November 2018
Whitesmoke Software [TASE: WSMK] has announced the signing of an MOU to purchase Better, a grower and supplier of medical cannabis. This will make Better the second publicly traded medical cannabis company in Israel. Whitesmoke is represented by Advs. Daniel Marcovici and Moshe Pasker .

Whitesmoke Software [TASE: WSMK] has announced the signing of an MOU to purchase Better, a grower and supplier of medical cannabis. This will make Better the second publicly traded medical cannabis company in Israel. Whitesmoke is represented by Advs. Daniel Marcovici and Moshe Pasker .


05 December 2017
Advs. Daniel Marcovici and Shai Margalit represented the Eldar Group in a NIS 65 million investment by the Arbel Fund.

Advs. Daniel Marcovici and Shai Margalit represented the Eldar Group in a NIS 65 million investment by the Arbel Fund.


15 October 2015

IFLR 2016 edition top ranks Yigal Arnon & Co.– placing the firm as one of the top leading firms in Israel

IFLR 2016 edition top ranks Yigal Arnon & Co. in the four practices it covers in Israel, placing the firm as one of the top leading firms in Israel. The firm is ranked 'Tier 1' in Mergers & Acquisitions, Banking & Finance, and Project Finance, and ' Tier 2' in Capital Markets. View all rankings

IFLR 2016 edition top ranks Yigal Arnon & Co. in the four practices it covers in Israel, placing the firm as one of the top leading firms in Israel. The firm is ranked 'Tier 1' in Mergers & Acquisitions, Banking & Finance, and Project Finance, and ' Tier 2' in Capital Markets.


05 January 2015

Yigal Arnon & Co. represented Peninsula Group Ltd. in an investment agreement with Meitav Dash Investments Ltd.

Advs. Dani Marcovici and Michael Keren, and the intern Liad Kalderon, represented Peninsula Group Ltd., a publicly traded company controlled by Meitav Dash Investments Ltd., operating in the field of providing non-bank credit to small and medium sized businesses in Israel, in preparing and publishing a shelf prospectus which will allow the company to issue different types of securities, including debentures in accordance with a recent amendment to the Banking Law (Licensing), 5741-1981.
  Different publications concerning the agreement can be viewed here (Hebrew): http://www.themarker.com/markets/1.2811394
http://www.calcalist.co.il/money/articles/0,7340,L-3677324,00.html
http://www.talniri.co.il/marketnews/article.asp?id=74098
Advs. Dani Marcovici and Michael Keren, and the intern Liad Kalderon, represented Peninsula Group Ltd., a publicly traded company controlled by Meitav Dash Investments Ltd., operating in the field of providing non-bank credit to small and medium sized businesses in Israel, in preparing and publishing a shelf prospectus which will allow the company to issue different types of securities, including debentures in accordance with a recent amendment to the Banking Law (Licensing), 5741-1981.
 

Different publications concerning the agreement can be viewed here (Hebrew):

http://www.themarker.com/markets/1.2811394
http://www.calcalist.co.il/money/articles/0,7340,L-3677324,00.html
http://www.talniri.co.il/marketnews/article.asp?id=74098


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