Africa Israel bondholder reps can’t even agree with themselves
African Israel bondholders met in Tel Aviv to try and reach an agreement on a proposal to present to Africa Israel regarding repayment of debt. Lev Leviev, who controls interest in Africa Israel, will have to put up a lot more of his own money if he’s to remain in controL. Africa Israel has already stated that it won’t pay the NIS 550 million
Background: What is Africa Israel?
Africa Israel is focused on developing core activities in the fields of real estate, construction & infrastructure, energy and related industries. It is headquartered in Israel, under the leadership of its chairman and controlling shareholder Mr. Lev Leviev,AFIGROUP comprises 13 companies traded publicly on the Tel Aviv Stock Exchange (TASE) and other global stock markets.
