Announcements

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      Instrument data
      Senority
      Senior Secured
      Currency
      GEL
      ISIN
      GE2700605175
      Coupon percent
      11.992%
      Coupon type
      Floating
      Instrument volume
      350,000,000
      Maturity date
      17/09/2030
      -
      BB- Outlook: None
      BB- Outlook: None
      Latest change
      New
      22/09/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Azza Chammem Lead analyst
      Philipp Wass Committee chair
      Scope assigns final rating to Georgia Healthcare Group’s senior secured bond

      22/9/2025 Rating announcement EN

      Scope assigns final rating to Georgia Healthcare Group’s senior secured bond

      The assignment of the final BB- bond rating follows the placement of the GEL 350m bond in September 2025. The bond rating is based on GHG’s underlying B+/Stable issuer rating and Scope’s expectations of an excellent recovery rate for the bond.

      Scope assigns initial preliminary rating to Georgia Healthcare Group’s planned senior secured bond

      18/8/2025 Rating announcement EN

      Scope assigns initial preliminary rating to Georgia Healthcare Group’s planned senior secured bond

      The preliminary BB- bond rating was assigned following the company's decision to issue a senior secured bond for GEL 350m instead of the previously planned senior unsecured bond guaranteed by subsidiaries.

      Date Title