Innovative cross border solutions Creative Financial Arrangements Leading privatization advisor
Government Related Entities 

Throughout the years GCG accumulated unmatched experience in advising Israeli government related entities, including: Israel Electric Company, Israel Ports Company, Israel Natural Gas Lines and others. GCG’s typical role includes analyzing financial alternatives, assisting government related entities in debt raising processes as well as credit rating related issued (both local and global).

As an example to GCG’s services to government related entities, since 2012, GCG has acted as financial advisor of IEC’s Board of Directors, advising on IEC’s strategic financial plan, including the issuance of USD 3 billion global bonds (under IEC’s GMTN program) and the issuance of local bonds (private and public). In addition, during Israel’s gas supply crisis in 2011, to address the sharp rise in prices of raw materials used by IEC, GCG acted as financial advisor on IEC’s NIS 9 billion bond issuance (backed by the government bonds.


     
     
     
     
     
  
     

     

Privatization 

Over the years and in recent years, GCG advises both the Government Companies Authority (GCA) and the Ministry of Finance (M.I. Holding) in Israel's major privatization processes.

Our experience include advisory both to the "buy-side" and the "sell-side" in all aspects of the privatization process. Our experience in the field of privatization is unparalleled in the Israeli market and includes: Bank Leumi (2006), Israel Discount Bank (2006) sale to the Bronfman Group and divestiture of its 25% holding in Discount Bank via block trade (2011) and others.

In addition to our advisory to the Saban Capital Group/Apax Partners in the privatization process of Bezeq Telecom, as an exclusive advisor on the privatization process of Oil Refineries Ltd., GCGs' team formulated a unique privatization plan which included a global placement to foreign financial institutes with the sale of control (50%) via IPO.

Our Capabilities
  • Devising and implementing a Privatization strategy
  • Designing a regulatory framework
  • Corporate restructuring
  • Business valuation
  • Implementation and execution of a Privatization Plan
     
     

 4 Berkowitz St., Tel-Aviv, Israel  Tel: 972-3-6938000  Fax: 972-3-6914000  E-mail: mail@goren-capital.co.il