Rav-Bariach (08) Industries News
2 articles
growth-positive
רב-בריח הסתפקה בגיוס 69 מיליון שקל באג"ח כדי למנוע דילול של בעל השליטה | כלכליסט
רב-בריח, an Israeli construction company, has completed a bond issuance and announced a debt restructuring plan amid market uncertainty and fears of an Iranian attack on Israel. The company issued 92,000 bond units and planned to raise 80 million shekels, but after institutional demand reached 120 million shekels, it ended up issuing 74,000 units and raising 69 million shekels. The funds will be used for ongoing operations and to reduce its credit utilization. The company also announced a debt restructuring plan to provide short-term cash flow to deal with the period of uncertainty affecting the company.
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growth-positive
Luxury door solutions: Rav Bariach embarks on high-end project
Rav Bariach, a leading Israeli company in doors and lock solutions, has been selected to supply interior doors for the EXCHANGE residential tower in Ramat Gan. The company is experiencing growth in the high-rise construction category and will provide approximately 1800 specially designed interior doors for the luxury project. The projects scope is estimated at around NIS 3 million. Rav Bariachs doors were specifically chosen for their high-quality design and materials.
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