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Ashtrom Group Ltd. 0.75% 31-DEC-2029

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Key terms


Outstanding amount
‪1.42 B‬ILS
Face value
1.00ILS
Minimum denomination
Coupon
0.75% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Dec 31, 2029
Term to maturity
4 years

About Ashtrom Group Ltd. 0.75% 31-DEC-2029


Sector
Industrial Services
Industry
Engineering & Construction
Home page
Issue date
Dec 27, 2021
ISIN
IL0011829897
FIGI
BBG01GL308Y8
Ashtrom Group Ltd. engages in construction and infrastructure contracting, residential and office construction initiation, holding and renting income-producing properties, and franchising and production of raw materials for construction and manufacture industries. It operates through the following segments: Construction and Infrastructure Contracting in Israel, Franchising, Industries, Construction and Infrastructure Contracting Abroad, Residential Real Estate Initiation Abroad, Income-Producing Investment Property Abroad, Investment Property and Initiation through Ashtrom Properties, and Initiation of Residential Real Estate in Israel through Ashdar. The Construction and Infrastructure Contracting in Israel segment engages in execution of construction and infrastructure works including for residential purposes for the internal needs of the company and for external clients, construction contracting for the public sector, and construction of offices and industrial and commercial buildings. The Franchising segment engages in franchising activities in Israel through participating in tenders for projects. The Industries segment engages mainly in the manufacture of raw materials for construction. The Construction and Infrastructure Contracting Abroad segment engages in the execution of construction projects abroad for the public sector and for residential purposes. The Residential Real Estate Initiation Abroad engages in the initiation of residential construction projects for sale including acquisition, planning, improvement, development, and sale of lands. The Income-Producing Investment Property Abroad segment engages in the initiation, construction, rental, improvement, and operation of industrial and commerce buildings in Serbia, Romania and Bulgaria. The Investment Property and Initiation through Ashtrom Properties segment engages in the initiation, construction, rental, and management of real estate assets in Israel, Germany, and England. The Initiation of Residential Real Estate in Israel through Ashdar segment engages in the initiation of residential real estate projects in Israel including acquisition, planning, improvement, development, and sale of lands. The company was founded on February 24, 1963 and is headquartered in Bnei Braq, Israel.

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