Peakhill Capital Achieves Milestone with $225 Million Bond Offering in Tel Aviv
On September 10, 2025, Peakhill Capital Inc. celebrated a monumental financial achievement by completing a $225 million inaugural bond offering on the Tel Aviv Stock Exchange (TASE). This offering stands out as one of the largest inaugural bond issuances by a Canadian mortgage investment platform, illustrating Peakhill’s rapid growth in North America’s real estate investment landscape.
The bond offering attracted overwhelming interest, being oversubscribed by 2.5 times. This level of demand came from more than 40 prominent institutional investors, including pension funds, mutual funds, and life insurance companies. The issuance, rated A2 by Midroog, which is affiliated with Moody's, featured a fixed coupon rate of 6.34% over a five-year term. Initially seeking to raise between $150 million and $200 million, the robust appetite from investors highlighted the significant confidence in Peakhill’s strategic direction and future growth.
The funds raised from this bond offering will be instrumental in expanding Peakhill Mortgage Income LP's portfolio, projected to exceed $600 million in assets. The primary focus of these investments will be on income-generating multi-family assets across North America.
Harley Gold, President and CEO of Peakhill Capital Inc., expressed his enthusiasm regarding the company’s debut on the TASE. He stated, “This oversubscribed debut is not just a financing milestone; it’s a clear signal of international confidence in our platform, our people, and our strategy.” Gold emphasized that accessing global capital markets will allow Peakhill to enhance its offerings, becoming a leading cross-border lender that serves over 500 clients with increased speed, flexibility, and scale.
The underwriting process for this bond issuance was handled by Leader Capital Markets acting as the book runner and lead underwriter. Legal representation for the offering was provided by Goldfarb Gross Seligman & Co. in Israel and Cassels Brock & Blackwell LLP in Canada.
Founded as a leader in commercial real estate credit and equity investments, Peakhill Capital has approximately $12 billion in assets under administration. The company prides itself on its strong team of 140 professionals located across seven offices. Peakhill works to manage investments for a diverse clientele, including institutional investors, high-net-worth individuals, and wealth advisors. With an annual deployment of over $6 billion into credit and equity investments across the United States and Canada, Peakhill’s entrepreneurial approach and extensive expertise position it as a trusted partner for both investors and borrowers alike.
Peakhill’s successful bond offering is more than a financial milestone; it represents a significant endorsement from the investment community regarding the company's vision and operational strategies. As Peakhill Capital continues to grow and adapt to the ever-changing real estate market, its recent achievements could lay a strong foundation for sustained success in the future.