Gilat, an Israel-based defense and telecoms industry company, successfully closed a private placement in Israel under Regulation S in a convertible-note offering, completed on September 7, 2026. The senior unsecured notes carry a 3.75% annual coupon and an initial conversion price of $16.00 per Ordinary Share. It gives Gilat fixed-rate capital while offering investors an equity conversion option. Carter Ledyard’s Israeli Cross Border group, led by Guy Ben-Ami and Steve Glusband, advised Gilat on all US matters.
PRESS RELEASE
10 September 2026
Carter Ledyard Client Gilat Raises $100M In Convertible Notes
Carter Ledyard & Milburn
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Gilat, a defense and telecommunications company based in Israel, has completed a convertible-note offering through a private placement under Regulation S. The senior unsecured notes feature a 3.75% annual coupon with an initial conversion price of $16.00