Citibank NA (Citibank Israel)

www.citigroup.com/citi/about/countries-and-jurisdictions/israel.html

Formerly Citigroup Global Markets Israel, Citigroup Israel

Investment Bank

TECH VERTICALS

Banking Tech, Capital Markets, Credit Cards, Private Equity, Wealth Management

General Data

Established	1996
Reg. Number:	abCDe

DESCRIPTION

Citi boasts the largest presence of any foreign financial institution in Israel, and offers corporate and investment banking services to leading Israeli corporations and institutions and global corporations operating in Israel. Citi also offers private banking services to high-net-worth individuals living in Israel. Citi has demonstrated its leadership and commitment to Israel for many years, initially offering investment banking services (formerly Salomon Smith Barney). In 1996 Citi established a representative office and in July 2000 became the first foreign bank in Israel to obtain a full banking license and to offer a full range of client services. Citi continues to expand its activities in the local market, introducing world-class products and customized solutions to meet its client's needs.

Citi offers a wide range of corporate banking products and services to Israel's leading companies, financial institutions and public sector organizations, in addition to global companies active in the Israeli market. These services include:
- Cash management solutions to support clients streamlining their business processes, realizing greater operational efficiencies and managing working capital more effectively
- Import, export and trade finance solutions
- A full-service trading room, providing its clients with direct access to foreign exchange, fixed income, credit and currency markets and various derivative solutions
- Corporate finance solutions such as acquisition finance, export credit agency finance, project finance, securitization and asset finance
- Custody and clearing services for international investors
- Fund services for provident and pension fund managers

The Investment Bank is a leading underwriter for Israeli companies seeking to access the global equity and debt markets, as well as a leader in mergers and acquisitions advisory. Israeli entities have greatly benefited from Citi's ability to channel its significant global expertise across a broad range of products and services in key industry segments including technology, consumer, healthcare, energy, real estate, chemicals, financial services, telecom and other. The institutionalization of Israeli client relationships across Citi enables clients to benefit from valuable introductions to leading global opportunities, world class execution and advice.

Selected landmark transactions led by Citi in Israel include: international bond offerings for the Tamar gas field Partnerships, B Communications, Israel Chemicals, Teva, the State of Israel and the Israel Electric Corporation; equity offerings for Mobileye, Israel Discount Bank, Protalix, Gazit Globe, Delek US, Cellcom, Bezeq and Bank Hapoalim; M&A advisory services to Kardan N.V., Eden Springs, Taro, Verint, Fundtech and Israel Chemicals; advising Brightfood on the acquisition of a majority stake in Tnuva; Margin loans and collar financing to multiple investment groups, industrial and real estate companies including to IDB Group and Alony Hetz; infrastructure financing to Tamar gas project.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		Citi
458E997B-A343-EB11-810C-0050569A1018	Investment Arm	Citi Impact Fund	Citi
94DB5C35-2277-E511-BD22-80C16E7D3630	Investment Arm	Citi Ventures	Citi
C6D4D356-207A-E111-AC59-00155D32A403	Subsidiary	Citibank NA (Citibank Israel)	Citi
B7F2E6F7-72F4-E211-B3B5-00155D32A40A	Accelerator	Citi Accelerator TLV	Citi Ventures
B095093E-207A-E111-AC59-00155D32A403	R&D Center	Citigroup Financial Products Israel Ltd.	Citibank NA (Citibank Israel)

REMARKS

Date	Remark
20/03/2008	Citi has licensed with the Israeli Securities Authority (ISA) to underwrite public offerings in the Israeli capital market.

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	121 Menachem Begin St.
City	Tel Aviv
Country	Israel
Zip	6701203

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Neil Corney	CEO

Current Israeli Clients (2)

Company Name	Company Type
Teva	High-Tech Company
Verint	High-Tech Company

	Deals Underwritten (6)

Company Name	Deal Type	Date	Amount	Position	Remarks
Cellcom...	IPO	Feb 06, 2007	400	Underwriter	N/A
M-Systems	Acquired	Jul 31, 2006	1558	Lead Underwrite	In shares.
M-Systems	Fourth Public Offering	Feb 20, 2004	104.525	Lead Underwrite	N/A
Omrix	Second Public Offering	Dec 15, 2006	82.8	Co-Lead Underwriter	Including Green Shoe options ($10.8m)
PowerDsine	Acquired	Oct 24, 2006	245	Lead Underwrite	In cash & shares.
Tower...	PIPE	Mar 15, 2007	29	Lead Underwrite	N/A

Last Updated:	abCDe
IVC Number:	abCDe