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Nikora Trade JSC New Issue

06/09/2018
Nikora Trade JSC New Issue
On September 6, 2018, GEL 25 million worth of 3-year bonds issued by Nikora Trade JSC has been admitted to the Georgian Central Security Depository system. The floating coupon is set at 400 bases points above the refinancing rate of the National Bank Of Georgia. TBC Capital acted as the placement agent and bookrunner for the issue. 

From the September 6th, GCSD will ensure the clearing and the accounting of the settlements made on the company securities, therefore it would be possible to trade with those bonds in the "Georgian Stock Exchange" system.