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Tag Archives: bonds

m² Issues 30 million USD Bonds

m² Real Estate development company has issued 30 million USD bonds. The m² portfolio comprises commercial, office and storehouse spaces. Over the past 4 years m² provides the fourth opportunity to customers to invest free financial resources in its own bonds and consequently, make their money work better. The 3-year …

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EU to Issue Bonds to Assist Georgia

European Union plans to issue bonds to assist Georgia and Ukraine, the Reuters reports referring to one of the EU officials. The bonds maturity will be April 2033. As a result of the mentioned issuance, Georgia will receive 15 million EUR assistance and Ukraine – 500 million EUR assistance. The …

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Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade will issue bonds of 30 million GEL. The information was unveiled at the presentation of TBC Bank’s capital research work – Bond Market in Georgia. TBC Capital will ensure issuance of bonds. Nikora Trade director Irakli Bokolishvili told BM.GE that bonds will be issued no later than early …

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Georgian Beer Company to Issue GEL-denominated Bonds

In the third quarter of 2018 we will issue GEL-denominated bonds, Georgian Beer Company director Kakhaber Kotrikadze said. This fact will enliven the market, Kotrikadze added. “Georgian companies should come up with European level companies in terms of market organization and production”, Kakhaber Kotrikadze noted. The company plans to intensify …

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Silknet Issued 34 Million Worth of Bonds

JSC Silknet issued a five-year Bond amount of GEL 34 million in accordance with Georgian Law on Securities Market. The money received from bonds was spent to refinance relevantly to existed bank credit. Bonds were purchased by Georgia based banks. Annual benefit (coupon) of the bonds is variable and makes …

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Company Silknet Issued 34 Million GEL worth Bonds With TBC Capital

TBC Capital successfully completed the placement of Silknet bonds. The volume of bonds is 34 million GEL. It’s the first time on the Georgian telecommunication market company issue the bonds. “Silknet” bonds term is 5 years. The annual coupon rate is 3.5% of the refinancing rate of the National Bank. …

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Bank of Georgia Issues GEL 500 million 11% Notes Due 2020

BGEO Group PLC’s banking business subsidiary, JSC Bank of Georgia successfully priced an inaugural GEL 500 million offering of 11.00% notes due June 2020 (the Notes). The Notes are denominated in GEL and are expected to settle on 1 June 2017. The Reg S/ Rule 144A senior unsecured Notes are …

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Major Deal Made on Nikora Trade Bonds

A major deal has been made on Nikora Trade bonds. About 200 bonds were sold through the so-called fixing instrument.  Price for each bond marked 1040.55 USD. Total value of the deal constituted 208 110 USD. This is the largest deal made ever on Nikora Trade bonds. Bonds coded as …

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BGEO Group Issues 30m Georgian lari Currency Bond

BGEO Group‘s water utility business has issued a 30m Georgian lari currency bond (about £9m), the largest issued in a local currency by a non-financial institution in Georgia. Georgia Global Utilities, with the company’s banking arm Galt & Taggart, has placed a GEL30m local currency bond with a five-year tenor …

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M2 to list Bonds of 25 mln on the Stock

M2 to list Bonds of 25 mln on the Stock

m2 announced on listing the final emission on Georgian Stock Exchange. Bonds of 25 million with 3 years maturity will be placed with unprecedented yield – 7,5%. The company links it to the increased demand and trust of the investors. However, the bond rate (7.5%) of “m2 Real Estate” is …

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