Advs. Simon Weintraub, Shiri Shaham and Noam Meir represented Barclays Bank Plc, as arranger, Bank Mizrahi Tefahot, as facility agent and a number of Israeli institutional lenders in a $225 million credit facility to Alon D.A. Gas Explorations Ltd., a wholly owned subsidiary of Dor Gas Explorations Limited Partnership, which among other things will re-finance the credit facility entered into by Alon D.A. Gas Explorations Ltd. in April of 2012 to finance the Tamar offshore gas exploration project.
Advocates David Schapiro and Eliran Furman represented Royal Bank of Canada in a sale of its shareholdings in Tamir Fishman & Co. to Mr. Eldad Tamir – one of the company's largest shareholders. The transaction included the acquisition by Eldad Tamir of most of the remaining shares owned by other shareholders as well.
Yigal Arnon & Co. represented and served as Israeli counsel to Barclays Capital and HSBC Bank, which led a consortium of foreign and local banks, in a $900 million permanent financing transaction with the Tamar Project Partnership, a group comprised of some of the main players in the Israeli gas and energy field: Delek Drilling LP, Avner Oil Exploration LP and Dor Gas Explorations LP, towards the financing of the development of the Israeli offshore natural gas exploration with respect to the Tamar project. This is one of the largest and complex project finance transactions that ever took place in Israel, with a unique significance on a national level. The team at Yigal Arnon & Co. was led by advocates Shiri Shaham, Simon Weintraub and Noam Meir.
According to Dun & Bradstreet's 2012 Israeli law firm quality rankings by practice, Yigal Arnon & Co. is ranked in 15 practice areas and is one of Israel’s top two leading law firms.
Dun & Bradstreet ranked Yigal Arnon & Co. as a "leading law firm" (Tier 1) in 11 of the most important practice areas: Mergers & Acquisitions, High-Tech, Real Estate & Construction, Project Finance & Infrastructure, International Commercial, Banking, Capital Markets & Public Offerings, Commercial Litigation, Class Actions, Venture Capital, and Administrative law. In addition, the firm was ranked as a "prominent law firm" (Tier 2) in Tax, Telecommunication and Debt arrangements; and as "recognized" (Tier 3) in Restructuring & insolvency. Unlike other D&B rankings, which are based merely on size or number of lawyers, this survey is based on quality.
To view the full ranking: http://duns100.dundb.co.il/ts.cgi?tsscript=press_show&cat_id=56#TABLE