Delek Drilling LP (TASE: DEDR.L) has raised $2.25 billion in debt overseas amid huge demand of $7 billion from foreign and Israeli investors. The bond offering was led by JP Morgan, and HSBC assisted in Israel by Leader, Barak Capital and Value Base who coordinated demand from Israeli investors. RELATED ARTICLES Delek Drilling raising $2.5b in bond offering Chevron heralds new dawn for Israeli offshore energy Four series of bonds were issued repayable in 2023, 2025, 2027 and 2030. The bonds are guaranteed by a lien on the gas from the Leviathan offshore field in which Delek Drilling has a 45.34% stake. The bond offering was boosted by the news last month that Chevron had acquired Noble Energy, the operating partner in the Leviathan reservoir with a 39.9% stake. Published by Globes, Israel business news - en.globes.co.il - on August 4, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020
