$47.6M at Risk in Israel as Urbancorp Bonds Plunge Amid Doubts by Investors

Yields soar on TASE-traded debt as Toronto property developer loses lawyers, key director.

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Urbancorp, one of 15 foreign real estate companies with bonds trading on the Tel Aviv Stock Exchange, was struggling with multiple crises Monday, jeopardizing some 180 million shekels ($47.6 million) in bonds...