IN BRIEF: Georgia Capital secures USD35 million financing package
Georgia Capital PLC - Tbilisi, Georgia-based investor in businesses in Georgia - Georgia Healthcare Group and its wholly owned subsidiary JSC Evex Hospitals sign a USD35 million, five-year financing package with European Bank for Reconstruction & Development. Says Georgia Healthcare has signed a USD25 million loan agreement, which includes two tranches of USD10 million and USD15 million. Says Evex has signed a USD10 million tranche, which will allow it to upgrade 15 hospitals and purchase medical equipment. It will also partly refinance recently matured private local bonds.
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