m2 announced on listing the final emission on Georgian Stock Exchange.
Bonds of 25 million with 3 years maturity will be placed with unprecedented yield – 7,5%. The company links it to the increased demand and trust of the investors.
However, the bond rate (7.5%) of “m2 Real Estate” is the lowest among the other issues by that time. The yield of Nikora bonds ($5 million) with 2 years maturity amounts to 11%, Evex bonds – 2 years maturity are placed from 9.5% ($15 million – 2015). To note, previous issue of m2 – $20 million was placed at 9.5% – $M203H (2015).
It will be the 4th placement of the developer company, member of BGEO Group, the 7th emission on the stock exchange system and the 5th – among the foreign currency denominated.