Cornerstone Borrows $40M in Israel at a Record-Low Rate
Unsecured-debt investors in Tel Aviv have paid a strikingly high price to buy short-term bonds from a small U.S. multifamily developer, a sign that Israel’s important debt market could be recovering steam after a down period. According to documents filed with the Tel Aviv Stock Exchange, Cornerstone Group is borrowing $40 million for just over … Continue reading Cornerstone Borrows $40M in Israel at a Record-Low Rate
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