On August 3, 2017, Georgian Water and Power completed a successful private placement of GEL 40 million bonds. This is an unprecedented amount for a utility company on the Georgian market. Galt & Taggart acted as the placement agent. 

Proceeds from the GEL-denominated bonds, with a maturity of six months, will be used to fund capital projects. The annual coupon rate of the securities was set at 4% above the refinancing rate of the National Bank of Georgia.  

Tbilisi, July 19, 2017 - On July 12, 2017, a subsidiary of Georgia Healthcare Group, Evex Medical Corporation, completed the private placement of GEL 90 million local bonds due 2022. Galt & Taggart acted as the placement agent. Proceeds from the sale of bonds will be used to refinance borrowings from local commercial banks and to fund planned investment projects. 

Tbilisi, June 20, 2017 - JSC Galt & Taggart announced today that it has received the International Finance Magazine awards for the Best Investment Bank and the Best Corporate Advisory in Georgia in 2017. The IFM Awards celebrate excellence in its purest form, recognizing and honouring individuals and organisations in the international finance industry that make a significant difference and add value. 

On May 31 Bank of Georgia, the leading bank of Georgia held the first regional conference of Wealth Management. The event aimed to introduce Georgia as a regional hub for private banking service.

Following successful energy events organised in Georgia in the previous years and Green World’s rapid expansion within the Caucasus energy market, we are pleased to announce that the inaugural Georgia Wind Energy Development GWED 2017 Conference will take place in Tbilisi on June 7th, 2017.

This one-day conference is organised by Green World in co-operation with the event supporters: the Ministry of Energy of Georgia and Galt & Taggart.

The conference will be held in Georgian and English with simultaneous translations provided.

Galt & Taggart has been named the Best Investment Bank in Georgia 2017 by Global Finance for the third consecutive year. 

"Galt & Taggart offers its clients the full spectrum of investment banking services for both local and international transactions. This award is yet another confirmation of the company's achievements and reaffirms Galt & Taggart's leading role in the Georgian investment banking field," commented Otari Sharikadze, Managing Director of Galt & Taggart.

Galt & Taggart tops the arrangers’ league table for domestic bond issuances in the Caucasus states, published by Cbonds Information Agency. 

Tbilisi, December 7th, 2016 – Georgian Water and Power has successfully placed bonds of 30 million GEL at the Georgian market, which is an unprecedented amount for non-financial organizations. Placement agents for the GWP bonds are Galt & Taggart and Pasha Bank. The bonds mature in 5 years, with the annual interest rate of 3.5% added to the refinancing rate of the National Bank.

Galt & Taggart enables investors to trade on regional debt markets. To this end, the company launched a new monthly report, Regional Fixed Income Market Watch, which covers the debt markets of Georgia, Armenia, Azerbaijan, Belarus, Kazakhstan, and Ukraine.

Black Sea Trade and Development Bank (BSTDB) completed its first GEL-denominated bond offering on August 5, 2016. JSC Galt & Taggart served as the sole placement agent for the five-year, GEL 60 million issuance at a floating coupon rate equivalent to the 3-month (91-day) National Bank of Georgia Certificate of Deposit. The proceeds will be used to finance investments and working capital needs of local businesses in the country through a local currency SME facility extended to the Bank of Georgia.