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Kardan Real Estate Ltd. Announces Significant Bond Issuance

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Kardan Real Es ( (IL:KARE) ) just unveiled an announcement.

Kardan Real Estate Ltd. has announced the issuance of bonds (series F) totaling 176,510,000 NIS, which will be listed for trading on the Tel Aviv Stock Exchange. This public issuance, registered under Mizrahi Tefahot Company for Registrations Ltd., represents a significant step for Kardan Real Estate Ltd., although the full consideration for the securities has yet to be received. This move could potentially strengthen the company’s financial position and impact its market presence.

More about Kardan Real Es

YTD Price Performance: 11.78%

Average Trading Volume: 126,292

Current Market Cap: ILS1.17B

See more data about KARE stock on TipRanks’ Stock Analysis page.

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