Georgian natural projects will receive millions of dollars for development
The issue of Russian Railways Eurobonds denominated in foreign currency was attended by a large American holding company and a Moscow company specializing in emerging and frontier markets with offices around the world. The City financial organization and two local investment banks also provided assistance.
According to the Georgian investment company Galt & Taggart, domestic green bonds with a yield of 4 percent have appeared on the London Stock Exchange. The total value of the securities is 500 million dollars.
The funds received from the sale of banknotes will be spent on the modernization of environmental zones of Georgia and the creation of new facilities.
The demand for Eurobonds turned out to be higher than expected and exceeded four billion US dollars.
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