The brand new finance will likely be used to recycle the present debt.
Infrastructure funding agency Keystone, which controls the Egged transport group, has agreed a brand new NIS 1.75 billion financing package deal for Egged with Financial institution Leumi. The brand new settlement replaces financing below two separate agreements prior to now with a consortium of finance homes.
The brand new finance will likely be used to recycle the present debt, and features a framework for getting the stability of shares nonetheless held by Egged’s members, 13.2%.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 25, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
Egged buses at Rishon LeZion Central Bus Station credit score: Shutterstock
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