...

Georgian Railways to obtain 25 million lari from bonds placement

Business Materials 25 December 2009 14:34 (UTC +04:00)

Georgia, Tbilisi, Dec. 25 / Trend N.Kirtzkhalia /

Georgian Railway Ltd has successfully placed the bonds and received 25 million lari (1.68.5 lari is $1), Dec 23.The bank issued bonds to invest the project on the railway modernization, the company told Trend .

Interests (15 percent per annum) will be paid every six months, and the principal amount - 25 million lari - in two years

BG Capital is transaction agent in this operation

Do you have any feedback? Contact our journalist at: [email protected]

Tags:
Latest

Latest