Business
Posted: 4 years ago

JSC Nikora Issues 28 Million GEL Bonds

On October 22, 2019, GEL 28 million worth of 3-year bonds issued by Nikora Trade JSC has been admitted to the Georgian Central Security Depository system. TBC Capital acted as the placement agent and bookrunner for the issue. 

This is the first bond in the Georgian market to be linked to the Tbilisi Interbank Interest Rate (TIBR).