RGI raises EUR 208m from bond issue in Israel

AIM-listed RGI International announced on Tuesday that it has raised NIS 1,200 mln (about EUR 208 mln) in a private bond placement in Israel. Jacob Kriesler, RGI's chairman, said in a statement that 'the directors of RGI believe that RGI's balance sheet is currently cash rich but our longer term planning calls for the need to raise substantial debt financing'.

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