tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lion Finance Group’s Bank of Georgia Prices GEL 450 Million Notes

Story Highlights
Lion Finance Group’s Bank of Georgia Prices GEL 450 Million Notes

TipRanks Black Friday Sale

Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.

Lion Finance Group PLC’s subsidiary, JSC Bank of Georgia, has successfully priced a GEL 450 million offering of 11.50% senior unsecured Notes due in 2028. The Notes, which are expected to settle on 17 November 2025, will be listed on the Irish Stock Exchange and are rated Ba2 by Moody’s. This strategic move is expected to bolster the bank’s financial position and enhance its market presence in the region, potentially benefiting stakeholders and reinforcing its competitive edge in the financial services industry.

The most recent analyst rating on (GB:BGEO) stock is a Buy with a £92.00 price target. To see the full list of analyst forecasts on Bank of Georgia Group Plc stock, see the GB:BGEO Stock Forecast page.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company with main subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading, customer-centric, universal banks, namely Bank of Georgia in Georgia and Ameriabank in Armenia, focusing on driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities they serve.

Average Trading Volume: 62,639

Technical Sentiment Signal: Buy

Current Market Cap: £3.3B

For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1