| Super-Sol Ltd. | |||
| Ticker: | SAE | ||
| Exchange: | NASDAQ-National Market | Petach-Tikva, ISRAL | |
| Industry: | Retail (SIC Code 5411) | ||
| # of Employees: | 0 | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 7/25/97 | |
| U.S. Shares: | 6,500,000 | Offer Date: | 9/30/97 | |
| Non-U.S. Shares: | 0 | Filing Price: | - | |
| Primary Shares: | 6,500,000 | Offer Price: | $14.75 | |
| Secondary Shares: | 0 | Gross Spread: | $0.80 | |
| Offering Amount: | $115,000,000 | Selling: | $0.40 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| UBS Securities Inc. | Co-manager | (212) 821-4510 |
| Business Description |
| The company operates Israel's largest supermarket chain based on revenue, operating 120 supermarkets with 14% of total retail sales of items typically sold in supermarkets. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to expand the business, to acquire new stores, to remodel existing stores and to construct a new logistics center and for general corporate purposes. |