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Georgia’s TBC Bank eyes $75 million-$100 million perpetual notes
By Marisa Wong
Los Angeles, Oct. 28 – JSC TBC Bank plans to price $75 million to $100 million of perpetual non-call 5.25-year subordinated callable additional tier 1 capital notes (//B-), according to a notice.
J.P. Morgan Securities plc, Barclays Bank plc, Citigroup Global Markets Ltd., Renaissance Securities (Cyprus) Ltd. and TBC Capital LLC are the managers.
The notes will be listed on Euronext Dublin.
The bank is based in Tbilisi, Georgia.
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