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BG Capital completes U.S. road show for Georgian Railway

Business Materials 2 November 2010 13:23 (UTC +04:00)
JSC “BG Capital” completed a two-day road show in the USA for Georgian Railway, covering three major cities- New York, Boston and Chicago and meeting with over 20 leading investment funds.
BG Capital completes U.S. road show for Georgian Railway

Georgia, Tbilisi, Nov. 1 / Trend N.Kirtzkhalia /

JSC "BG Capital" completed a two-day road show in the USA for Georgian Railway, covering three major cities- New York, Boston and Chicago and meeting with over 20 leading investment funds.

Georgian Railway met with over 20 leading investment funds including Templeton Asset Management, Morgan Stanley Asset Management, Fidelity Investments, Eaton Vance and Citadel on the road show.

The trip was designed to raise awareness of Georgian Railway's debut $250mln bond issue and meet with current bond holders.

Representing BG Capital was Head of Sales - Lucas Romriell from Kiev and Sales Manager - Giorgi Shengelia from the Tbilisi office.

"Meetings with fund managers in New York, Boston and Chicago were very positive. US-based investors were genuinely impressed with Georgia's ability to survive a war and global economic crisis without straying from its economic and political reforms. The funds that met with Georgia Railway were pleased with the management and are eager to see more investment offering from the company in the future," Romriell said.

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