Georgia placed USD 500 million Eurobonds on the London Stock Exchange

ENG

GEO

26 April 2024, 12:29

TODAY

10:09
We find the contents of this legislation incredibly troubling - Vedant Patel on draft law “On Transparency of Foreign Influence”

10:05
One person detained on the fact of selling forged money

09:50
Government of Georgia has the responsibility not to intentionally hinder the country’s path to the European future - German Foreign Ministry

08:29
Instead of playing with reputation, I would advise the European Parliament colleagues and the opposition of Georgia to speak with facts - Papuashvili
25 April

21:59
The steering commission convened today in Batumi to discuss the constitutional amendments

20:59
No mechanism to revise visa liberalisation for Georgia - Kaladze criticises EP’s resolution

18:07
Nothing could jeopardise Georgia’s visa liberalisation as it was the agreement with the EU - Darchiashvili

16:49
Irakli Kobakhidze meets Hungarian Prime Minister Viktor Orbán
15:42
This is a very heavy statement and judgment for Ivanishvili and his party members - Bokuchava

15:12
April 29 rally is important for the Georgian society to define its own position on where the Georgian society stands - Papuashvili

15:08
European Parliament adopted a resolution regarding the draft law “On Transparency of Foreign Influence”

14:23
Attack on the Georgian police by one of the MEPs was particularly unacceptable, I even said that an attack on the police is an attack on the state and this is unacceptable - Papuashvili
13:04
Irakli Kobakhidze is Head of the Government, who is considered a great chess player in Georgian politics, despite the challenges, how can one preserve the national identity and culture - Orbán

12:35
Joining the EU is the main foreign-political priority of Georgia - Irakli Kobakhidze

12:18
Prosecutor’s Office, with the involvement of representatives from competent agencies of France, Switzerland, and Lithuania, has solved a case of large-scale transnational crime

12:12
Homeland, language and faith - these are three main pillars forming national identity of Georgia - Kobakhidze
12:11
Global processes show that efforts to protect our centuries-old traditions and national identity need to be strengthened even more - Kobakhidze

12:05
One of draft resolutions of European Parliament mentions Georgia"s Russian-occupied region of Abkhazia as “separate state”

11:30
Lithuania, its Embassy do not in any way condone violence and express confidence in the capacity of the Georgian police and security forces - statement

10:23
Poland ready to help Ukraine get its military-aged men back - Polish defense minister
09:45
Spain’s Prime Minister Pedro Sánchez halts public duties as wife faces inquiry

09:11
Irakli Kobakhidze starts his meetings in Hungary

08:25
Chairman of the Adjara Government meets the permanent representatives of various countries at the United Nations

08:23
Minister of Defense meets the Ambassadors of Latvia and Lithuania in Georgia
08:01
Draft resolution regarding the draft law “On Transparency of Foreign Influence” in Georgia to be voted today in the European Parliament

00:13
The National Bank sets new exchange rate for GEL

HQ Live and DVR 1

Satellite

ENG

GEO

Georgia placed USD 500 million Eurobonds on the London Stock Exchange

16-04-2021 12:03

Georgian Finance Minister Lasha Khutsishvili announced that Georgia has issued USD 500 million of Eurobonds with a 5-year maturity on the London Stock Exchange, 3 days after repaying its ten-year obligations of 2011 in the same amount.

At a coupon rate of 2.75%, the securities are set to save the Georgian budget some GEL 350 million in interest payments compared to the 2011 Eurobonds that yielded 6.875%, the Finance Minister added.

The Ministry held the preparatory stage for placement the Eurobond on the London Stock Exchange together with selected international and local investment banks (JP Morgan, Goldman Sachs, ICBC Standard, TBC Capital and Galt & Taggart), legal advisors (Backer & McKenzie and BLC) and international fiscal agent (Citi).

Online meetings (so-called net-road-shows) with international investors was held on April 13 and 14.

MORE HEADLINES