Banking
Posted:
4 years ago
TBC Capital: Two or Three Companies will Issue Bonds in Several Months
In 2019, TBC Capital has placed bonds of more than 6 companies at Georgian Stock Exchange (GSE). TBC Bank deputy director general Goga Tkhelidze noted that in October a major trade company will issue bonds.
“We do not make focus on sectors. Everything depends on the readiness and the will of specific companies, where they decide to enter and issue bonds or not.
This month one of the major corporate clients will issue bonds. The circle of investors will be diversified. Enlisting the bonds will promote a development f the stock exchange”, Tkhelidze said.
“We also plan to carry out other activities by the end of 2019. This is a public instrument and we have to prepare a lot of legal and commercial aspects so as companies be fully prepared for issuing this public instrument. Based on this readiness, in the forth quarter of 2019 or the first quarter of 2020, 2-3 companies will issue new bonds”, Goga Tkhelidze noted.