IDB deal will see creditors getting NIS 600 million in cash
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The agreement between IDB bondholders will see IDB Development creditors getting NIS 600 million in cash. The remainder of the debt - NIS 2.8 billion – will be divided over the years 2018-2019.
The deal will also see NIS 1.75 billion in IDB debt erased. (Golan Hazani, Calcalist)
