TBC Bank JSC

On June 20, 2019, USD 125 million worth perpetual Eurobonds issued by the TBC Bank JSC have been admitted to the category A listing of the Georgian Stock Exchange. TBC Capital acted as the placement agent for the issue.

The coupon rate is fixed 10.775% for 5 years and 8.995% + 5 year SWAP rate thereafter with semi-annual payments. The bonds were assigned a ticker - $TBC02. 

You can see the Final Prospectus here.