Silverstein Properties explores raising
debt in Tel Aviv The offer could be ready by May 2018
UPDATED, 11:45 p.m., Nov. 19: Silverstein Properties is heading to Israel next year.
Larry Silverstein s mega development firm is planning to issue bonds on the Tel Aviv Stock Exchange in 2018, The Real Deal has learned, joining a growing list of New York developers to do so in recent years.
A spokesperson for Silverstein confirmed that they were considering the option, but said it was premature to talk about the details.
The months-long process of structuring the offer and being approved to trade on the TASE is tentatively scheduled for completion in May 2018, a source close to the matter said.
The firm will need to create a corporate entity with a portfolio of New York assets to issue the bond as a public company in Tel Aviv. A key part of the process is structuring the port上海千花网论坛