Trans-Oil Group successfully prices a debut US$300 million eurobond

Trans-Oil Group successfully prices a debut US$300 million eurobond

02.04.2019

Upon successful completion of road-show, Trans-Oil Group (Aragvi Holding International Ltd) is pleased to announce that on 1 April 2019 it successfully priced debut for the Group and for the country senior secured Eurobond issue of US$300 million at par. The issue’s settlement date is on 9 April 2019 with a maturity of 9 April 2024. The offering received strong international interest with European and US investors. The bonds are expected to be officially listed on the Irish Stock Exchange on or around 9 April 2019.
Citibank Global Markets, Renaissance Securities and UBS AG acted as joint lead managers and bookrunners for the US$ Rule 144A/Reg. S issue.

The bonds are rated B by Fitch and B- by S&P.