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Economics

Keystone obtains NIS 1.75b finance for Egged from Leumi

Joe Weisenthal
Last updated: 26.12.2025 02:37
Joe Weisenthal
2 месяца ago
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Keystone obtains NIS 1.75b finance for Egged from Leumi
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Infrastructure investment firm Keystone, which controls the Egged transport group, has agreed a new NIS 1.75 billion financing package for Egged with Bank Leumi. The new agreement replaces financing under two separate agreements in the past with a consortium of finance houses.

The new finance will be used to recycle the existing debt, and includes a framework for buying the balance of shares still held by Egged’s members, 13.2%.

Published by Globes, Israel business news — en.globes.co.il — on December 25, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

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