TBC Capital successfully completed the placement of Silknet bonds. The volume of bonds can be 34 million Serum. It’s the first time about the Georgian telecommunication market enterprise issue the draws together.
“Silknet” bonds term is definitely 5 years. The annual discount coupon rate is 3.5% of your refinancing rate of your National Bank. Bonds are actually purchased by finance institutions in Georgia.
“We are glad to help our own partner and major telecommunication company Silknet throughout Georgia to implement huge emissions. This emission can facilitate the growth of your company and further progression, “- said TBC Bank’vertisements Deputy Director General, Giorgi Tkhelidze.
“On this step, Georgia can be a fully transparent participant in the form of” Silknet “within the telecommunication field with an attractive company for the capital market. To implement it goal, we have utilized a lot of steps and we are happy that we have a monetary institution like TBC Funds. It is important that Silknet is often a Georgian company on the telecom market, which primary issued bonds inside GEL, “said Ilia Enukashvili, Venture of the Silknet Strategic Enhancement Department.
“TBC Capital” is a subsidiary of TBC Bank, and that is engaged in investment checking business. “TBC Capital” offers corporation clients consulting, analysis and broker expert services.
JSC Silknet is a leading telecoms company in Ga, providing customers together with internet, television, repaired telephone and organization telecommunication services. The organization has a B + score issued by FITCH.
“Silknet” holds 41% for Georgia’s fixed web market according to A few months data of 2017, 30% from the broadcasting transit (IPTV) along with 48% of fixed telephone networks.
The company provides employed more than 1600 specialists.