S. Shlomo Holdings Ltd. has issued bonds

S. Shlomo Holdings Ltd. has completed a fundraising to refinance and develop the business.

Shlomo Holdings, known as Shlomo Sixt, is Israel’s largest car rental and leasing company, controlling 27.5% of the market, with a managed fleet of around 75,000 vehicles. Shlomo Holdings is a franchisee of the German car rental brand Sixt, which offers comprehensive automotive services and represents the International Sixt Group in Israel. Shlomo Holdings also includes Shlomo Insurance.

Oaklins’ team in Israel advised Shlomo Holdings and acted as the leader of the distributors’ consortium.