Mgaloblishvili Kipiani Dzidziguri (MKD) advises the European Bank for Reconstruction and Development on its next bond issue in Georgian currency
December 26, 2017
Mgaloblishvili Kipiani Dzidziguri (MKD) law firm has successfully completed advising the European Bank for Reconstruction and Development (ERRD) on its consecutive issue of bonds denominated in Georgian currency (135 million Lari).
The onshore bond issue pays quarterly in arrears at the rate of a three-month CD reference rate indexed by the National Bank of Georgia.
MKD’s deal team, consisting of Natalia Babakishvili and Victor Kipiani, was again selected as sole legal counsel to the EBRD on this issue like on previous ones by the same institution.
The successful completion of the transaction repeatedly demonstrates high quality and value of MKD’s capital markets practice and singles out the firm with its unrivalled track record on debt securities deals.