Goren Capital Group: Best Investment Bank Israel 2022

Over the past 25 years, Goren Capital Group (GCG) has evolved into a specialist of corporate and project finance. The independent investment banking firm is located in Israel and has established a strong network of connections throughout national and international capital markets. GCG provides financial advisory services to top-tier companies and board directors, among others, on financial policy, capital structure, financing alternatives and credit rating.

The firm has played a leading role in some of the most high-profile deals in the Israeli market, acting as an exclusive M&A and financial advisor, for large-scale transactions. Over the past twelve months, it has served as the financial advisor on a number of mergers and acquisitions, including the sell-side mandate of one of the largest electricity power stations of Israel, the spin-off of the oil refinery division of one of Israel’s largest oil and energy groups, and a buy-side mandate relating to the acquisition of Israel’s largest cellular operator.

It advised on a $600m local bond offering as well as a $500m global bond issuance, both of which ended up being more than twofold oversubscribed. GCG expects to finalise a debt financing package worth about $1bn in December 2022, advising one of Israel’s largest oil and energy groups. The debt financing will meet the on-going working capital requirements for the spin-off of an oil refinery division. The deal is one of the most extensive financing packages arranged in Israel in recent years, and GCG has played a pivotal role in analysing optimal debt structures and negotiating with the consortium of banks that will provide the funding. The CFI.co judging panel presents Goren Capital Group — a repeat programme winner — with the 2022 award for Best Investment Bank (Israel).