JSC Galt & Taggart served as the sole placement agent for the first ever local currency bond offering in Georgia by IFC, a member of the World Bank Group. IFC completed the GEL 30 million issuance at a coupon rate of 6.924%, with a maturity of two years, on February 17, 2015.
“I am pleased to note Galt & Taggart’s role in the successful issuance of IFC bonds. We strive to be the go-to provider of such services for not only the international financial institutions, but also for growing Georgian companies trying to gain access to additional sources of capital. I would like to congratulate the entire team that worked on this important transaction,” commented Archil Gachechiladze, Chairman of Galt & Taggart.
For inquiries please contact Galt & Taggart via email at gt@gt.ge.