Company Silknet Issued 33 Million GEL value Bonds With TBC Money

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TBC Capital successfully accomplished the placement of Silknet connections. The volume of bonds is usually 34 million Serum. It’s the first time to the Georgian telecommunication market enterprise issue the provides.

“Silknet” bonds term is certainly 5 years. The annual token rate is 3.5% of the refinancing rate of the National Bank. Bonds were purchased by banking companies in Georgia.

“Were glad to help all of our partner and top rated telecommunication company Silknet around Georgia to implement sizeable emissions. This emission can facilitate the growth of the company and further progress, “- said TBC Bank’vertisements Deputy Director General, Giorgi Tkhelidze.

“Because of this step, Georgia can be a fully transparent gambler in the form of” Silknet “from the telecommunication field as well as attractive company for your capital market. To manage this step goal, we have taken a lot of steps and we’re happy that we have financial institution like TBC Investment capital. It is important that Silknet can be a Georgian company on the telecom market, which initial issued bonds during GEL, “said Ilia Enukashvili, Scalp of the Silknet Strategic Enhancement Department.

“TBC Capital” is a additional of TBC Bank, that is engaged in investment checking business. “TBC Capital” offers company clients consulting, analysis and broker providers.

JSC Silknet is a leading phone system company in Georgia, providing customers having internet, television, mounted telephone and small business telecommunication services. The organization has a B + report issued by FITCH.

“Silknet” holds 41% connected with Georgia’s fixed online market according to A few months data of 2017, 30% in the broadcasting transit (IPTV) together with 48% of fixed cell phone networks.

The company has got employed more than 1600 specialists.

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