October 25, 2018 / 7:05 AM / 21 days ago

Israel's Gazit-Globe raises 554 mln shekels in bond offering

TEL AVIV, Oct 25 (Reuters) -

* Israel’s largest real-estate company, Gazit-Globe , said on Thursday it raised 554 million shekels ($150 million) in a bond offering.

* The amount was in line with the precommitments from institutional investors it reported earlier in the week.

* On Sunday the company said it was looking to expand a series of bonds that has been trading on the Tel Aviv Stock Exchange since February.

* ($1 = 3.6902 shekels) (Reporting by Ari Rabinovitch)

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