Tegeta Motors LTD

On May 22, 2019, GEL 30 million worth of 3-year bonds issued by the Tegeta Motors LTD have been admitted to the category A listing of the Georgian Stock Exchange. TBC Capital acted as the placement agent for the issue.

The floating coupon is set at 425 basis points above the refinancing rate of the National Bank Of Georgia. Bonds will mature on April 30, 2022. The bonds were assigned a ticker - #TGM01M. 

You can see the Final Prospectus here.