TASE:LUMIBanks
Bank Leumi’s €750m 2031 Eurobond And What It Means For Investors
Bank Leumi le-Israel B.M. (TASE:LUMI) has issued €750 million in senior unsecured Eurobonds.
The bonds are denominated in euros and are scheduled to mature in 2031.
This fixed income transaction represents a sizeable funding move for the bank in international capital markets.
For you as an investor, this Eurobond deal adds a fresh piece of information about how TASE:LUMI is funding its balance sheet and planning its capital mix. As one of Israel's major banking groups with a broad lending...