News
Georgia Issues Debut Bonds
Georgia’s USD 500 million debut Eurobond issue was three times oversubscribed with a coupon set at 7.5% last week, according to Galt & Taggart Securities, the Bank of Georgia’s research arm.
Issuance of five-year fixed-rate Eurobond was managed by JP Morgan and UBS.
The Finance Ministry and Prime Minister’s office have both declined to comment.
