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IN BRIEF: TBC Bank announces results of tender offer

13th May 2024 18:43

TBC Bank Group PLC - Tbilisi, Georgia-based bank - Announces the results of the offer to purchase its 5.75% notes due 2024. Offer made by its subsidiary, JSC TBC Bank. Says a total US98.5 million outstanding notes had been validly tendered on closure. In addition, buys further USD3.2 million notes through private transactions agreed during the tender offer.

Current stock price: 2,985.00 pence

12-month change: up 25%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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