Black Sea Trade and Development Bank

On March 27, 2018, GEL 25 million worth of 3-year bonds issued by the Black Sea Trade and Development Bank (BSTDB) have been admitted to the category A listing of the Georgian Stock Exchange. Galt & Taggart JSC acted as the placement agent and bookruner for the issue.

Bonds carry floating coupon rate at the rate of 3-months National Bank of Georgia Certificate of Deposit. Bonds mature on March 29, 2021. The bonds were assigned a ticker - #BSB03L.

The prospectus is available here.