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EBN’s insolvency department was chosen to represent the holders of Delek Group’s debentures
May 2020
EBN’s insolvency department was chosen to represent the holders of Delek Group’s debentures, which holds rights in oil and natural gas reserves in Israel and abroad, as well as gas stations and power stations, in connection with a debt of NIS 6 billion to the debenture holders. This is a complex matter consisting of seven different series of debentures issued by Delek, controlled by Yitzhak Tshuva, opposing the company and the controlling shareholder, and opposing the Group’s secured creditors.
