The company today reported that the bond had received a P-1 rating from Midroog, the highest rating for the commercial note that will be due for repayment in one year.
Israeli real estate company Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) is set to raise a NIS 250 million short-term bond. The company today reported that the bond had received a P-1 rating from Midroog for the commercial note that will be due for repayment in one year.
This is the highest rating awarded by Midroog for a short term bond to be repaid in 12 months.
Gazit-Globe CEO is Chaim Katzman.
Published by Globes [online], Israel business news - www.globes-online.com - on July 22, 2018
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Chaim Katzman