May 2, 2018 - Galt & Taggart presented the major findings of Georgia’s tourism sector study at the conference organized jointly by Galt & Taggart and Bank of Georgia. The conference gathered the representatives of public and private sectors operating in tourism industry - Ministry of Economy and Sustainable Development of Georgia, Partnership Fund, National Tourism Administration and corporate clients of Bank of Georgia as well as EBRD and media representatives.

On Monday March 5, BGEO Group PLC’s investment business holding company, JSC Georgia Capital (Georgia Capital) successfully priced an inaugural US$ 300 million offering of 6.125% notes due March 2024 (the Notes). The Notes are denominated in US Dollars and are expected to settle on 9 March 2018. The Regulation S/ Rule 144A senior unsecured Notes are being issued and sold at an issue price of 98.770%. J.P.

Tbilisi, February 26 - JSC Galt & Taggart announced that it has been recognised as the Best Investment Bank in Georgia 2018 by Global Finance for the fourth consecutive year. The editorial review board of the Global Finance magazine selected the winners based on inputs from industry experts. The criteria for selection included: market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation.

December 28, 2017, Tbilisi – JSC MFO Crystal, rated B by Fitch Ratings, successfully completed an inaugural GEL 10 million offering of notes due December 2019 (the Notes). The annual coupon rate was set at 4.5% over the National Bank of Georgia’s refinancing rate. Senior unsecured Notes were issued and sold at an issue price of 100.00%. Galt & Taggart acted as the lead manager for the issuance. The Notes are expected to be listed on the Georgian Stock Exchange.

Following the successful launch of Bitcoin tracker ETNs (Exchange Traded Notes) in September 2017, Galt & Taggart is now pleased to announce the launch of a new product, Ethereum Tracker ETNs that has recently been added on the G&T Trader online trading platform.

Ethereum tracker ETNs are designed to mirror the price movement of Ethereum against the US Dollar and provides our clients with a unique opportunity to gain exposure to Ethereum price performance.

The 4^th annual HydroTech expo and forum will take place on October 25-26 at the Hotels & Preference Hualing Tbilisi. The event is organized by Green World Conferences in co-operation with the event supporters: Ministry of Energy of Georgia and Galt & Taggart.

The event has grown into the most important annual gathering of regional and international hydro energy experts in the whole of Caucasus and attracts a growing number of participants, with over 500 taking part in 2014, 2015 and 2016.

The 4^th annual HydroTech expo and forum will take place on October 25-26 at the Hotels & Preference Hualing Tbilisi. The event is organized by Green World Conferences in co-operation with the event supporters: Ministry of Energy of Georgia and Galt & Taggart.

The event has grown into the most important annual gathering of regional and international hydro energy experts in the whole of Caucasus and attracts a growing number of participants, with over 500 taking part in 2014, 2015 and 2016.

We are pleased to inform you that G&T Trader clients can now get exposure to Bitcoin through two new Exchange Traded Notes (ETNs) designed to track the movement of Bitcoin against the US Dollar (BTC/USD)!

Interest in cryptocurrencies has grown exponentially in 2017 thanks, in large part, to increased supply and demand in China and Japan. As a result, traders have increasingly yearned for a product that enables them to speculate on the price of Bitcoin, the original and most well-known cryptocurrency. 

On August 29, 2017, Georgian Leasing Company (GLC) completed a successful public placement of 3-year USD 10 million bonds, with the unprecedented low coupon rate for the Georgian market. Galt & Taggart acted as the placement agent.

Proceeds from the USD-denominated bonds, with a maturity of 3 years, will be used to fully refinance existing bonds. The annual coupon rate of the securities was set at 7%, 1.75 percentage points lower compared to previous issuance (September 2014).