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Wednesday, November 13, 2019

Galt & Taggart top issuer of bonds in Caucasus region

Galt & Taggart ranks first in issuing bonds in the Caucasus region, according to Cbonds Information Agency.

“Galt & Taggart plays an important role in the development of the debt capital market in Georgia, so we are delighted to receive this recognition on a regional level," Otari Sharikadze, managing director of Galt & Taggart, said. "Galt & Taggart provides active support to Georgian companies with strong corporate governance and gives them an opportunity to diversify their funding structure by attracting debt financing."

The firm completed seven deals last year worth $118 million in GEL-denominated bonds and $30 million in US dollar-denominated bonds for Georgian companies and international financial institutions.

"Due to recent activity and developments, the debt capital market of Georgia is becoming even more attractive to international investors," Sharikadze said.

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BG Capital - Georgia

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