Tegeta Holding, Backed by TBC Capital, Successfully Completes €30 Million Multicurrency Bond Program

“Tegeta Holding”, with the support of TBC Capital, has issued 2-year public bonds worth 10 million USD as the 4th and final tranche of its 30 million EUR multi-currency bond program. The bonds are planned to be listed on the Georgian Stock Exchange. As a result of high demand from investors, the interest rate of the issue was set at 8.0%, which is the lowest rate among “Tegeta” dollar-denominated bonds. Investors will receive benefits every 6 mo…

Tegeta Holding, with the support of TBC Capital, has issued $10 million, 2-year, public bonds in the form of the 4th and last tranche under the €30 million multicurrency bond program. The bonds are planned to be admitted to the Georgian Stock Exchange. As a result of high demand from investors, the issue interest rate was set at 8.0%, the lowest rate among Tegeta's dollar-denominated bonds. Investors benefit once every 6 months [...]