REG - Lion Finance Grp PLC - Bank of Georgia priced USD 300,000,000 6.50% Notes

Lion FinanceAnnouncement

28/05/2026 15:00

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RNS Number : 1105G  Lion Finance Group PLC  28 May 2026

 

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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, 28 May 2026

 

Lion Finance Group announces that JSC Bank of Georgia priced USD 300,000,000
6.50% Notes due 2031

 

On Wednesday, 27 May 2026, Lion Finance Group PLC's banking subsidiary in
Georgia, JSC Bank of Georgia (the "Bank") successfully priced a USD 300
million offering of 6.50% senior unsecured Notes (the "Notes") due 3 June
2031. The Notes are denominated in USD and are expected to settle on 3 June
2026. The Notes are being issued in accordance with Reg S/Rule 144A and priced
at 99.475% of the principal amount. The transaction attracted strong investor
demand across international institutional accounts, with the orderbook over 3x
oversubscribed at peak during the execution. 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, and JSC Galt & Taggart is acting as Joint Lead Manager.
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 an LSE-listed 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

 

 

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should not be construed as an offer to sell or the solicitation of an offer to
buy any securities

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