Chosen Properties Limited

Income producing real estate company holds 22 nursing homes


September 2017, Chosen Properties has completed raising  of $100MM in bonds
on the Tel-Aviv Stock exchange 

Securities Chosen Bond Series
Amount of issuanc ILS342MM ($100MM)
Total Demand at the Tender Offerin ILS389MM ($114MM)
Yield 6.75%
Coupon Payments Twice a year as of March 2018 until March 2023
Principal Payments  3 equal payments 2021-2023
Duration 4.0 Years
Rating BBB+
Security First mortgages on 22 assets
Covenants Light & uninterrupting


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