IFLR1000

The Black Sea Trade and Development Bank ₾120 million bond issue

22/6/2018
Investment grade bond/note issue
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GeL 120 million

$ 50 million

Announced

22/6/2018

Overview:

  • The Black Sea Trade and Development Bank (BSTDB) has issued a ₾120 million bond.
  • The allocated loan facility will be used by TBC Bank to finance investments and working capital needs of Georgian small and medium-sized businesses.

Prin Shasiharan - Researcher

Jurisdiction:

Georgia

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Social infrastructure

Firm:
MKD Law

Party: Black Sea Trade and Development Bank (Issuer)

Lawyer: Victor Kipiani

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