IDB Bankholding Corporation Limited
| Company Deal | public offering 900,000 shares redeemable convertible preference shares (par value IL. 20 per share) |
|---|---|
| Transaction Type | Convertible Preference Shares |
| Deal Description | IDB Bankholding Corporation Limited applied a portion of the net proceeds from this transaction the purchase of newly issued 7 1/2% redeemable preference shares of the bank. The remaining proceeds were used to provide additional capital for its subsidiaries as the need arose. |