At an event marking Nutrimax’s debut public bond placement, National Bank of Georgia First Vice President Ekaterine Mikabadze said the arrival of new issuers shows the capital market is playing a larger role in helping companies raise long-term funding while widening the range of instruments available to investors. She also pointed to broader sector representation in the local bond market, noting that Nutrimax is the first company from the animal feed production sector to issue public bonds. In her remarks, Mikabadze said 2025 was a record year for corporate bond issuance volumes. From January to May of the current year, including the Nutrimax transaction, five issuers publicly placed corporate bonds totaling GEL 330 million, a level she described as significantly higher than in the same period a year earlier. Nutrimax’s issue totals USD 10 million with a two-year maturity, and the proceeds will be used to refinance existing liabilities and fund capital expenditures. The securities will be admitted to trading and listing on the Tbilisi Stock Exchange.
National Bank of Georgia2026-06-15
National Bank of Georgia highlights record corporate bond issuance as Nutrimax places debut USD 10 million public bond
In remarks at Nutrimax’s debut public bond event, the National Bank of Georgia said new issuers are strengthening the capital market’s role in long-term corporate funding and expanding investor choice. It noted that 2025 was a record year for corporate bond issuance and that five issuers placed GEL 330 million in public corporate bonds from January to May, including Nutrimax’s USD 10 million two-year issue.