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BRIEF-JSC Bank of Georgia issues a GEL 21 million 2-year global note
December 5, 2016 / 7:16 AM / 10 months ago

BRIEF-JSC Bank of Georgia issues a GEL 21 million 2-year global note

Dec 5 (Reuters) - BGEO Group Plc

* JSC Bank Of Georgia issues a gel 21 million 2-year global note

* Has issued a 2-year local currency linked internationally clearable global note in amount of gel 21.0 million settled in us$

* Note has been issued through a private placement at par, pays an 8 pct coupon annually and matures on 5 December 2018

* Enables bank to further diversify its sources of funding

* Provides overseas investors increased access to local currency notes issued by private sector Source text for Eikon: Further company coverage:

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