JSC Bank of Georgia successfully issued an inaugural $ 100 million AT1 Capital Perpetual Subordinated Notes. The first international offering of AT1 Notes from Georgia and the South Caucasus region were issued in accordance with Regulation S and sold at an issue price of 100.00%.
MG Law Office was advising J.P. Morgan Securities plc and UBS AG London Branch, who are acting as Joint Lead Managers for the Notes, alongside Latham & Watkins.
MG Law team included Archil Giorgadze, Irakli Sokolovski, Ana Kochiashvili and Anna Chikovani.
The transaction represents yet another proof of the strength of MG Law’s capital markets team, which has been regularly entrusted with responsibility of providing advice on some of the largest capital market deals.