Bank of Georgia holders put back all loan passthrough notes due 2010

By Angela McDaniels

Tacoma, Wash., June 16 - JSC Bank of Georgia received puts for all $140 million of the loan passthrough notes due June 2010 issued through Rubrika Finance Co. Netherlands BV, according to a bank news release.

The notes were putable to the bank this month.

"With this transaction the bank has largely completed its international wholesale funding repayment obligations until 2012," Nicholas Enukidze, chairman of the supervisory board, said in the release.

The commercial and retail bank is based in Tbilisi, Georgia.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.