FBC represented Silverstein Properties Limited in its NIS 633 million public offering of bonds on the Tel Aviv Stock Exchange. The company owns properties in Manhattan, New York, which serve as rental office buildings, apartment buildings, as well as land designated for development. The company was incorporated for the purpose of raising debt on the TASE and is controlled by Mr. Larry Silverstein. The proceeds of the issuance are used for repayment of existing loans and to finance the company’s operations.
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