Keystone obtains NIS 1.75b finance for Egged from Leumi
The brand new finance might be used to recycle the present debt.
Infrastructure funding agency Keystone, which controls the Egged transport group, has agreed a brand new NIS 1.75 billion financing bundle for Egged with Financial institution Leumi. The brand new settlement replaces financing beneath two separate agreements up to now with a consortium of finance homes.
The brand new finance might be used to recycle the present debt, and features a framework for purchasing the steadiness of shares nonetheless held by Egged’s members, 13.2%.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 25, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
Egged buses at Rishon LeZion Central Bus Station credit score: Shutterstock
