BGEO Bonds

completed

IFC invested in a tradable Eurobond issued by Joint Stock Company BGEO Group (JSC BGEO or the Company), a Georgia-based wholly owned subsidiary of BGEO Group PLC Formerly Bank of Georgia Holdings PLC, incorporated in the United Kingdom (the Group), an IFC strategic partner in Georgia, (the Project). The issuance comprises new notes offered by JSC BGEO in the amount of US$350 million, with a 7-year maturity (the New Notes). Proceeds from the issuance of the New Notes are being used to provide senior funding to JSC Bank of Georgia (BOG) for the purpose of redeeming its outstanding notes due in 2017 under a tender offer and exit consent solicitation, which was announced on 30 June 2016, and to be retained by the Company and used for its general corporate purposes, including to fund investments in existing Group businesses and potential opportunistic acquisitions. The New Notes are listed on the Irish Stock Exchange under 144A/Reg S and were offered to qualified institutional buyers in the United States and to non-US persons elsewhere. Playing the role of anchor investor in the New Notes issuance, IFC made a commitment to purchase up to US$70 million in the order book. The Company allocated IFC a final investment amount of US$25 million.