Galt & Taggart has successfully completed the placement of USD 12 million and EUR 3 million 2-year bonds of the Georgian Leasing Company . It is the first public placement of Euro-denominated bonds taking place in Georgia.
The annual fixed interest rate on USD bonds was unprecedentedly low at 5.75%, while the interest rate on debut Euro bonds on the Georgian capital market was 4.75%.
These are the sixth and seventh issues of debt securities for the Georgian leasing company, which indicates its stability in pandemic environment, high degree of trust from investors and positive future expectations towards the company.
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