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      Instrument data
      Issuer
      JSC Nikora Trade
      Senority
      Senior Unsecured
      Currency
      GEL
      ISIN
      GE2700603675
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      25,000,000
      Maturity date
      06/08/2021
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      06/08/2021
      General information
      Rating
      Public
      Solicited
      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
      Zurab Zedelashvili Lead analyst
      Philipp Wass Committee chair
      Scope affirms Nikora Trade JSC's issuer rating at B+/Stable

      14/9/2020 Rating announcement EN

      Scope affirms Nikora Trade JSC's issuer rating at B+/Stable

      The rating is supported by high profitability but is constrained by the limited size of the company and inadequate liquidity.

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