Announcements

    Drinks

      Instrument data
      Issuer
      Republic of Georgia
      Senority
      Unsecured
      Currency
      GEL
      ISIN
      GETC24530221
      Coupon percent
      7%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      50,000,000
      Maturity date
      30/05/2024
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      31/05/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Dennis Shen Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Georgia’s BB credit ratings, maintaining a Stable Outlook

      2/2/2024 Rating announcement EN

      Scope affirms Georgia’s BB credit ratings, maintaining a Stable Outlook

      Strong public-debt profile, declining government-debt ratio and strong medium-run growth prospects support the ratings. Sustained geopolitical and domestic political risks alongside external vulnerabilities are ratings challenges.

      Share
      Read more
      Scope affirms Georgia’s BB ratings, and maintains a Stable Outlook

      27/1/2023 Rating announcement EN

      Scope affirms Georgia’s BB ratings, and maintains a Stable Outlook

      Resilient growth since Russia-Ukraine crisis, prudent fiscal policy, strong debt profile and strengthened banking system support ratings. Heightened geopolitical and domestic political risks alongside external vulnerabilities are ratings challenges.

      Share
      Read more
      Scope revises Georgia’s Outlook to Stable from Negative, affirms ratings at BB

      3/9/2021 Rating announcement EN

      Scope revises Georgia’s Outlook to Stable from Negative, affirms ratings at BB

      Improved economic outlook and debt trajectory drive the Outlook change. External sector risk remains a core ratings challenge.

      Share
      Read more
      Scope revises the Outlook on Georgia to Negative, affirms ratings at BB

      17/4/2020 Rating announcement EN

      Scope revises the Outlook on Georgia to Negative, affirms ratings at BB

      The exposure to the Covid-19 shock, tighter financing conditions and elevated exchange rate volatility amid high dollarisation drive the Outlook change. The commitment to structural reforms and fiscal discipline are credit strengths.

      Share
      Read more
      Date Title