Capital market executives: Lev Leviev carried out the fairest debt arrangement

June 17, 2014   

Among investment house managers and senior capital market executives in Israel, there is unanimity regarding the fairest debt arrangement for bondholders. 100% of the senior executives noted that Levi Leviev's debt arrangement from Africa Israel is the fairest arrangement. Not a single senior executive mentioned the debt arrangements of Yitzhak Tshuva (Delek Real Estate), David Federman (Petrochemicals), Nochi Dankner (IDB Group), Ilan Ben Dov (Skylex) and Idan Ofer (ZIM). The survey conducted among participants in the Globes DUN'S 100 investment house forum last week also shows that industry executives are skeptical about the success of the new stock exchange managers in restoring the stock exchange's attractiveness: 70% of the executives believe that the new managers have no real influence and that the situation will remain as it was, 10% claim that the globalization process will continue to erode the attractiveness of the Israeli stock exchange and it will continue to decline, and only 20% believe that activism on the part of the stock exchange will lead to a proliferation of new companies. Regarding steps to be taken to make the stock exchange more attractive, forum participants cited the issue of easing regulation as the most important issue (29%), followed by the entry of government companies with 14%. Participants also listed a number of additional ideas, such as adding new instruments, a secondary market for mortgages, registering companies from abroad, and facilitating technology companies. בכירי הענף התבקשו גם לדרג את תפקודם של יו"ר הרשות לניירות ערך, שמואל האוזר ושר האוצר לפיד. האוזר זכה לציון טוב עם כ-90% ועוד כ-10% ציינו כ"בינוני" את תפקודו של האוזר. שר האוצר לפיד, זכה לציונים נמוכים יותר עבור טיפולו בשוק ההון, 60% מבכירי שוק ההון העניקו ללפיד ציון 5 ומטה, 10% העניקו לו את הציון 6 ורק 20% העניקו לו את הציון 7.