Bonds Emission December 2015
Bond issuance – December 2015
Issue Information:
- Issuer – Georgian Water and Power LLC
- Offering – GEL 6,000,000 (six million Georgian Lari)
- Bond Issuance and Placement Date – 9 December, 2015
- Tenor – 2 years (maturity date: 9 December, 2017)
- Currency – Georgian Lari
- Nominal Value – GEL 1,000 (one thousand Georgian Lari)
- Interest (coupon) – The Bonds bear interest at the rate of 750 basis points premium over the NBG Monetary Policy (refinancing) Rate*
- Interest Payment – on quarterly basis
- Minimum placement Lot – 10 bonds, GEL 10,000 (ten thousand Georgian Lari)
- Sale of bonds – The bonds shall be sold through brokerage company on the secondary market. The bonds will be admitted to trading on the Georgian Stock Exchange (GSE)
- Placement Agent – JSC Galt & Taggart, JSC PASHA Bank Georgia
*Before taxes payable according to Georgian legislation. Please see the Prospectus (attached file, page 81) for further details about taxation of the bonds.
- The Bond Prospectus - December 2015
- Order of the National Bank of Georgia on the final prospect, December 7, 2015
- Order of the National Bank of Georgia on the Assignment of International Identification Code, December 7, 2015
- Audited Financial Statements of Georgian Water and Power Ltd, 2014