REG - Lion Finance Grp PLC - Bank of Georgia priced GEL 450m 11.50% Notes

Lion FinanceAnnouncement

11/11/2025 09:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251111:nRSK0440Ha&default-theme=true

RNS Number : 0440H  Lion Finance Group PLC  11 November 2025

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON
LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,
PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. IN PARTICULAR, NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT
IN, THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE
UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").

 

London, 11 November 2025

 

Lion Finance Group announces that JSC Bank of Georgia priced GEL 450,000,000
11.50% Notes due 2028

 

On Monday, 10 November 2025, Lion Finance Group PLC's banking subsidiary in
Georgia, JSC Bank of Georgia (the "Bank") successfully priced a GEL 450
million offering of 11.50% senior unsecured Notes (the "Notes") due 17
November 2028. The Notes are denominated in GEL and are expected to settle on
17 November 2025. The Notes are being issued in accordance with Reg S/Rule
144A and sold at an issue price of 100%. Interest on the Notes will be payable
semi-annually.

Citigroup and J.P. Morgan are acting as Joint Lead Managers and Bookrunners
for the Notes, BCP Securities, Oppenheimer Europe, Société Générale and
JSC Galt & Taggart are acting as Joint Lead Managers. Sidley Austin LLP is
acting as the legal advisor to the Joint Lead Managers in respect of English
and United States federal law and Dentons Georgia LLC is acting as the legal
advisor to the Joint Lead Managers in respect of Georgian law. Baker &
McKenzie LLP is acting as the legal advisor to the Bank in respect of English
and United States federal law and Andersen is acting as the legal advisor to
the Bank in respect of Georgian law.

The Notes are expected to be listed on the Irish Stock Exchange and are rated
Ba2 by Moody's Investors Service Ltd.

Disclaimer

 

In member states of the European Economic Area, this Announcement is only
addressed to and is only directed at persons who are qualified investors
("Qualified Investors") within the meaning of Article 2(1)(e) of the
Regulation (EU) 2017/1129.

 

In the United Kingdom ("UK"), this Announcement is only addressed to and is
only directed at persons who are qualified investors ("Qualified Investors")
within the meaning of Article 2(1)(e) of the Regulation (EU) 2017/1129 as it
forms part of domestic law by virtue of the European Union (Withdrawal) Act
2018. In addition, in the UK, this Announcement is being distributed only to,
and is directed only at, Qualified Investors (i) who have professional
experience in matters relating to investments falling within Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005,
as amended (the "Order") and Qualified Investors falling within Article 49 of
the Order, and (ii) to whom it may otherwise be lawfully communicated (all
such persons together being referred to as "relevant persons"). Any investment
or investment activity to which this Announcement relates is available only to
relevant persons and will be engaged in only with relevant persons. Any person
who is not a relevant person should not act or rely on this Announcement or
any of its contents.

 

The securities referred to herein have not been and will not be registered
under the US Securities Act of 1933, as amended (the "Securities Act"), or
with any securities regulatory authority of any state or other jurisdiction of
the United States, and may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the US Securities Act. The issuer of the
securities has not registered, and does not intend to register, any portion of
the offering in the United States, and does not intend to conduct a public
offering of the securities in the United States.

 

This Announcement is not intended to, and shall not, constitute or contain an
offer to sell or solicitation of an offer to purchase the securities referred
to herein by any person in any jurisdiction where it is unlawful to make an
offer or solicitation. The distribution of the Announcement and the offer or
sale of the securities referred to herein in certain jurisdictions is
restricted by law. This Announcement may not be used for or in connection
with, and does not constitute, any offer to, or solicitation by, anyone in any
jurisdiction or under any circumstance in which such offer or solicitation is
not authorised or is unlawful.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of authorised official of issuer responsible for making notification:
Nini Arshakuni, Head of Investor Relations

About Lion Finance Group PLC

Lion Finance Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose main
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.

Legal Entity Identifier: 213800XKDG12NQG8VC53

For further information, please visit www.lionfinancegroup.uk
(https://lionfinancegroup.uk/) or contact:

 

 Sam Goodacre                                Nini Arshakuni
 Adviser to the CEO                          Head of Investor Relations
 +44 203 178 4034                            +44 203 178 4034
 sgoodacre@lfg.uk (mailto:sgoodacre@lfg.uk)  ir@lfg.uk

 

 

This news report is presented for general informational purposes only and
should not be construed as an offer to sell or the solicitation of an offer to
buy any securities

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFIFSTLALLLIE



            Copyright 2019 Regulatory News Service, all rights reserved