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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