The new finance will be used to recycle the existing debt.
Infrastructure investment firm Keystone, which controls the Egged transport group, has agreed a new NIS 1.75 billion financing package for Egged with Bank Leumi. The new agreement replaces financing under two separate agreements in the past with a consortium of finance houses.
The new finance will be used to recycle the existing debt, and includes a framework for buying the balance of shares still held by Egged’s members, 13.2%.
Published by Globes, Israel business news – en.globes.co.il – on December 25, 2025.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.
Egged buses at Rishon LeZion Central Bus Station credit: Shutterstock
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