Georgia’s Ministry of Finance has announced that the placement of a new $500 million Eurobond is progressing successfully. Finance Minister Lasha Khutsishvili confirmed that the transaction is expected to be legally finalized this week, after which full details will be made public.
The minister explained that, in line with international practice, information on the transaction’s size, coupon rate, investor demand, and other specifics will be disclosed only after the legal closure. He emphasized that communication with the public regarding the issuance will occur later this week.
According to the bond information system Cbonds, the new Eurobond will carry a 5.125% coupon rate. It is intended to refinance the five-year Eurobond issued in 2021, which was originally scheduled to mature in April 2026.
The early refinancing reflects Georgia’s proactive approach to debt management and favorable market conditions. The successful progress of the issuance is expected to support fiscal stability and reinforce investor confidence in the country’s economic outlook.
