Manhattan, NY Joseph Moinian, CEO and founder of The Moinian Group, has completed the full payment of over $630 million in principal and interest on bonds issued through Moinian Limited, the company’s publicly reporting subsidiary on the Tel Aviv Stock Exchange (TASE).
“The repayment of these bonds reflects our strength as one of New York’s largest and most trusted landowners,” said Moinian. “This milestone represents more than just financial success — it underscores our ability to navigate complexities and deliver on ambitious goals. With this achievement behind us, we are excited to channel our energy into transformative projects that shape the future of New York City and beyond.”
Michael Zarifpoor, senior vice president at Moinian Group, said “This repayment is a testament to our team’s ability to deliver on our financial commitments while continuing to expand and innovate. It reflects the trust the capital markets have placed in us and our strategy for long-term growth.”
“This journey has not only proven our financial strength but has also led to significant improvements in our internal reporting systems and organizational structure. The experience of managing this process has reinforced our commitment to transparency, accountability, and operational excellence further refining our internal processes to support future growth,” said Yaron Babila, CFO of Moinian Limited.
Since first issuing bonds on TASE in May 2015, Moinian leveraged his personal equity, rather than specific assets, to secure substantial funding. These funds have been invested to expand The Moinian Group’s portfolio through innovative development and redevelopment projects.