Chapman served as US counsel to Reznik Paz Nevo Trusts Ltd. in connection with the issuance by Mizrahi Tefahot Bank Ltd. of US$750 million in principal amount of Tier 2 subordinated notes and a second issuance of US$700 million in principal amount of senior notes, all of which were sold to institutional investors in the international markets in transactions exempt from registration requirements. Partner John Hitt led the Chapman transaction team.