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BGI Advises IFC on Inaugural GEL Denominated Public Bond Issuance

BGI Legal has advised International Finance Corporation (IFC) on issuance of its inaugural public GEL 100,000,000 bonds due 2024 under its GEL 500,000,000 Georgia Domestic Medium-Term Bond Program. The bonds have been admitted to the system of the Georgian Central Securities Depository (GCSD) and A category listing of the Georgian Stock Exchange (GSE). 

"We were well-placed to advise IFC both on the establishment and issue under the new bond program which will foster the development of domestic capital market. We are extremely honored to be part of this transaction, which adds to our strong track record of advising clients on the key deals on local and international debt capital markets involving Georgia", sad BGI Partner Unana Gogokhia.

Zaza Bibilashvili is a well-known and highly regarded figure in the Georgian legal market. One of the founding partners of the firm, he oversees projects and is a key contact for clients. Lasha Gogiberidze has been called "one of the leading lawyers in Georgia" and "a central person not just in capital markets, but in the legal market in general." Considered an expert in capital markets and project finance work, particularly in the energy sphere, he is highly respected by his peers, who say: "He`s among the top lawyers who shaped the legal market."

Chambers Global - 2016

Zaza Bibilashvili is a highly respected corporate and disputes lawyer with significant practical experience in real estate transactions. Clients note his creativity and availability.

Chambers Global - 2018

Zaza Bibilashvili is able to suggest winning strategies and is active across a range of contentious and non-contentious work, including real estate and intellectual property matters. Previous comments include: BGI Legal fields ‘a team of true professionals with good knowledge of law and a proper understanding of business needs`. It provides full-service support to leading multinational and Georgian clients, handling general legal matters alongside more complex financing, M&A, dispute resolution and capital markets mandates.

Legal 500 - 2016