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      Instrument data
      Issuer
      Georgia Healthcare Group JSC
      Senority
      Senior Unsecured
      Currency
      GEL
      Coupon type
      Floating
      Instrument volume
      350,000,000
      -
      BB- Outlook: None
      BB- Outlook: None
      Latest change
      New
      06/06/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Azza Chammem Lead analyst
      Philipp Wass Committee chair
      Scope assigns first-time issuer rating of B+/Stable to Georgia Healthcare Group

      6/6/2025 Rating announcement EN

      Scope assigns first-time issuer rating of B+/Stable to Georgia Healthcare Group

      The rating is driven by the credit-positive characteristics of the Georgian healthcare services market, GHG’s strong profitability and market leadership, as well as Scope’s expectation of a medium-term improvement in currently weak credit metrics.

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