Georgian leasing company successfully priced USD 12mn and EUR 3mn 2-year bonds
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%.