Israel Natural Gas Lines has issued bonds worth US$142 million
We advised Israel Natural Gas Lines Ltd. (INGL) has completed a fundraising to refinance and develop the company.
Established in 2003, INGL is a government-owned corporation engaged in the construction and operation of the national natural gas transmission infrastructure. In 2004, the Minister of Energy and Water Resources awarded the company a license for a period of 30 years. This national project is of extreme importance for Israel from two standpoints – its impact on Israel’s economy and industry, and its contribution to the improvement of environmental quality and reduction of air pollution.
Oaklins’ team in Israel advised Israel Natural Gas Lines Ltd. and acted as the leader of the distributors’ consortium.
Talk to the deal team
Related deals
Intergrin has raised financing provided by Kartesia
Intergrin has obtained a unitranche loan of approximately US$59 million to refinance existing debt and to further support the growth of different healthcare and well-being initiatives.
Learn moreSimtel Team has raised US$3.5 million through an equity private placement on BSE
Simtel Team (SMTL), a Romanian engineering and technology company, has raised US$3.5 million through a private placement of shares on the ATS Market of Bucharest Stock Exchange. The offer was closed on the first day, being oversubscribed three times, with the investors placing orders for a total value of US$10.4 million. Following the successful conclusion of the private placement, the anticipated capitalization of the company is approximately US$22 million.
Learn morePo Valley Energy (ASX:PVE) has raised funds
Po Valley Energy Limited (ASX:PVE) has completed a placement and underwritten accelerated non-renouncement entitlement offer.
Learn more