Ellomay Capital plans NIS 120 million-NIS 150 million public bond sale

By Susanna Moon

Chicago, Dec. 16 - Ellomay Capital Ltd. said it plans to offer up to NIS 120 million to NIS 150 million of nonconvertible debentures in a public offering.

The debentures will not be offered in the United States or to U.S. persons, according to a company press release.

The issue is subject to approval by the company's board of directors, regulatory approvals and other factors, such as market conditions, the company noted.

Ellomay is a Tel Aviv company that focuses its business in the energy and infrastructure sectors worldwide.

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