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BRIEF-Georgia's BGEO says its water utility issues gel 30 mln local currency bond
December 12, 2016 / 7:58 AM / 8 months ago

BRIEF-Georgia's BGEO says its water utility issues gel 30 mln local currency bond

Dec 12 (Reuters) - BGEO Group Plc

* BGEO group's water utility business issues gel30 million local currency bond

* Bonds were issued with a 5 year tenor, with an annual coupon rate of national bank of georgia local currency refinancing rate plus 3.5 pct

* Has successfully placed a gel30 million local currency bond for its water utility business unit, Georgian Water And Power LLC

* Galt & Taggart acted as a joint placement agent Source text for Eikon: Further company coverage:

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