
Chapman served as US counsel to Reznik Paz Nevo Trusts Ltd. in connection with the issuance by Bank Hapoalim of US$1 billion of green CoCo bonds, the first international issuance of green contingent convertible (CoCo) notes by an Israeli bank in accordance with the Green Bond Principles published by the International Capital Market Association. Chapman’s deal team consisted of Michael Friedman, partner and head of the firm’s Israel Practice, and John Hitt, partner and member of the firm’s Asset Securitization Department.