Bank of Georgia keeps size down on AT1 debut

Georgia flag 230 x 150
By Lewis McLellan
21 Mar 2019

Bank of Georgia is in the market with its first ever additional tier one bond on Thursday, offering a generous yield but keeping the size down.

JP Morgan and UBS received the mandate for the deal, and set initial price thoughts at low to mid 11%. The size guidance was $100m.

The bond will be callable in June 2024. If the bond is not called, the coupon will be reset to the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.