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Georgia Capital PLC ( (GB:CGEO) ) has provided an update.
Georgia Capital PLC’s healthcare services business, JSC Georgia Healthcare Group, has successfully priced a GEL 350 million social bond offering, marking the largest-ever GEL-denominated corporate bond placement in Georgia. The bond, supported by international financial institutions and local banks, will refinance existing loans and fund capital expenditures, reflecting the rapid development of Georgia’s capital markets and the company’s strong access to capital.
More about Georgia Capital PLC
Georgia Capital PLC is a platform focused on acquiring, building, and developing businesses in Georgia. It holds investments in sectors poised for growth and diversification within the Georgian economy, with a focus on large-scale opportunities. The company has a diverse portfolio, including retail pharmacy, insurance, healthcare services, and other small private businesses, as well as a significant equity stake in Lion Finance Group PLC.
Average Trading Volume: 86,010
Technical Sentiment Signal: Buy
Current Market Cap: £850.6M
See more data about CGEO stock on TipRanks’ Stock Analysis page.