Bonds Emission August 2015

 

Bond issuance – August 2015

 

Issue Information:

 

  • Issuer – Georgian Water and Power LLC
  • Offering –  GEL 2,600,000 (two million six hundred thousand Georgian Lari)
  • Bond Issuance and Placement Date – 17 August, 2015
  • Tenor – 2 years (maturity date: 17 August, 2017)
  • Currency – Georgian Lari
  • Nominal Value – GEL 1,000 (one thousand Georgian Lari)
  • Interest (coupon) – The Bonds bear interest at the rate of 14% per annum*
  • Interest Payment – semi-annually
  • 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

 

*Before taxes payable according to Georgian legislation. Please see the Prospectus (attached file, page 82) for further details about taxation of the bonds.

 

 

 

  - The Bond Prospectus - August 2015

 - Presentation of bonds – August, 2015 – 2-year bonds for GEL 5 million

 - Audited Financial Statements of GWP, 2014

 - Order of the National Bank of Georgia on the final prospect, dated 18 August, 2015

 - Order of the National Bank of Georgia on the assignment of International Identification Code dated 20 August, 2015

 

 

Should you be interest in bonds please contact the placement agent JSC Galt & Taggart - st@gt.ge  (+995 32) 2 44 46 58; 2 44 46 88