Debt market on a busy day: Over ₪314 million in bond repayments and ₪200 million debt raising

Activity in the debt market at the end of the quarter was even more vigorous than reported: Alongside repayments by Eldan, Amidar, Melran, and Delek Properties, real estate company Mega Or also repaid approximately ₪45.7 million, bringing total repayments to a daily peak. Concurrently, Argo P

A massive debt repayment day on September 30: Eldan Transportation repaid approximately ₪192.3 million, Amidar ₪50 million, Mega Or about ₪45.7 million, Melran about ₪15.7 million, and Delek Properties about ₪10.5 million. In total, over ₪314 million in debt was repaid. Concurrently, real estate company Argo Properties raised ₪200 million in a new bond series.

Particularly vigorous activity was recorded in the corporate debt market at the end of the third quarter of 2026, on an even broader scale than initially reported. Real estate company Mega Or joined the list of companies executing debt redemptions, bringing total repayments on this day to over ₪314 million. Alongside Mega Or, Eldan, Amidar, Melran, and Delek Properties also repaid bond liabilities. Concurrently, real estate company Argo Properties took advantage of market conditions to raise ₪200 million in a new bond series, pointing to significant two-way capital flows in a single trading day.

### Eldan Transportation leads with ₪192 million repayment
Leasing and car rental company Eldan Transportation executed the most significant repayment. According to the company's filing (2026-01-089245), it repaid part of bond series H and I. As part of the repayment, the debt balance of series H was reduced by approximately ₪104.44 million, leaving its balance at approximately ₪313.32 million. Concurrently, approximately ₪87.86 million was repaid from series I, and the new balance stands at approximately ₪302 million. In total, Eldan reduced its debt burden in a single day by approximately ₪192.3 million.

### Amidar with a significant ₪50 million repayment
Government-owned public housing company Amidar took part in the repayment day. According to the company's filing (2026-01-089278), it executed a partial redemption of series A bonds. The company repaid ₪50 million, thereby reducing the debt balance in this series from ₪200 million to ₪150 million. The move demonstrates the government company's ability to meet its obligations to capital market investors.

### Mega Or joins with a repayment of approximately ₪45.7 million
Income-producing real estate company Mega Or also reported a partial redemption of two bond series (2026-01-089292). The company repaid approximately ₪3.25 million of series J, whose balance now stands at approximately ₪97.6 million. In addition, it repaid approximately ₪42.48 million of series K, whose balance dropped to approximately ₪1.27 billion. In total, Mega Or reduced its debt to bondholders by approximately ₪45.7 million, a move joining the leverage-reduction trend seen among other companies.

### Additional repayments in the credit and real estate sectors
Non-bank credit company Melran Projects and Trade also reported a partial debt redemption. The company repaid part of its series E bonds (2026-01-089237). The repayment amount stood at approximately ₪15.74 million, which led to a reduction in the series' debt balance from approximately ₪156.67 million to approximately ₪140.93 million.

Income-producing real estate arm Delek Israel Properties completed the picture of debt repayments with a partial redemption of series A bonds (2026-01-089259). The company repaid approximately ₪10.46 million. Following the move, the series' outstanding debt balance dropped from approximately ₪402.53 million to approximately ₪392.08 million.

### In a counter-movement: Argo Properties raises ₪200 million
Contrary to the debt repayment trend, real estate company Argo Properties, which operates in Germany and is listed in Tel Aviv, reported an opposite move – a capital raising. The company completed a public offering of a new bond series (Series A) in the scope of ₪200 million (2026-01-089283). The raising was executed under a shelf prospectus, indicating the exploitation of market opportunities to finance its future operations. This move emphasizes that alongside companies reducing leverage, there are others increasing it to support growth.

The overall picture reflects a dynamic capital market, where companies act judiciously to manage their capital structure in accordance with strategy and market conditions.