Private equity and venture capital firm Georgia Capital Plc (CGEO.L) Friday said that JSC Georgia Healthcare Group, the Georgian holding company of its healthcare services business, has priced Georgian Lari or GEL 350 million secured social bond offering on the Georgian market.
The company said that the 5-year bonds, denominated in GEL, carry a floating interest rate linked to the Tbilisi Interbank Interest Rate or TIBR, plus 3.75 percent. Settlement is expected on September 17, after which the bonds will be listed on the Georgian Stock Exchange, Georgia Capital added.
Georgia Capital said that the proceeds will be used to refinance the issuer's existing long-term loans and to finance capital expenditures in line with the Social Bond Framework. Upon completion, the Notes will become the business' only outstanding debt.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.