მთავარი

Expertise. Experience. Efficiency.

News

BGI Legal acts as counsel for BG Capital and TBC Bank

BGI Legal has recently acted as counsel in the first-ever bond issuance in Georgian lari placed by the EBRD (European Bank for Reconstruction and Development) in Georgia. The two-year bond was equally subscribed by TBC Bank and JSC BG Capital, who acted as the lead managers and underwriters to the transaction.

The deal will undoubtedly support the development of the local capital markets and as Vakhtang Butskhrikidze, CEO of TBC Bank remarked, "This new bond issuance will increase access to local currency financing, which is an important source for business growth in Georgia".

Bruno Balvanera, EBRD Director for Caucasus, Moldova & Belarus said, “This is a very significant step for the Georgian local capital market. It brings a new instrument for investors and, at the same time, allows the EBRD to diversify its source of lari and to continue lending to companies in need of long-term financing in local currency".

Lasha Gogiberidze who led BGI's team commented, “In line with our long established tradition for representing clients in a flagship transaction, we are very proud to have been part of the effort in bringing this project to a successful conclusion”.

A leading figure in capital markets and M&A, Lasha Gogiberidze has an enviable track record of acting on the market's highlight deals, primarily advising banks, including international developmental institutions. He wins praise for his responsiveness and is described as "very client-focused and understanding of our needs."

 

Chambers Global - 2018

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

Solid team with vast experience of handling a wide spectrum of corporate and commercial as well as financial matters. Particularly well versed in project finance and boasts an impressive track record in some of the country's biggest energy and infrastructure projects. Popular choice for prominent international and local clients, including financial institutions and corporates from an array of industry sectors. Clients are impressed with the team's approach, saying: "The best thing is their coming up with proactive advice and suggesting a structure. They are able to work under pressure and respond immediately." Another client adds: "As soon as we give them a project we don't need to double-check anything." Other typical comments are: "They are a top-tier firm on the market with highly skilled, efficient and solution-oriented lawyers."

Chambers Europe - 2017