News & Media

Meeting with United Bank of Switzerland (UBS) representatives

Posted on: 19 Aug 2013

Irakli Kovzanadze, Executive Director of the Partnership Fund (PF) met with representatives of Union Bank of Switzerland (UBS). William Gallagher, Managing Director for Credits and New Markets at UBS and Viktoria Beromelidze, Vice-President, Capital Markets in Europe, Middle East and Africa at UBS got familiar with the PF’s ongoing projects. Capital market conditions as well as interest rate changes to the bonds of the Georgian railway and Georgian Oil&Gas Corporation were on the agenda. They also touched upon the possibilities to provide loans (in the form of bonds) and credit lines for the PF and its daughter companies from UBS directly or capital markets. Representatives of Switzerland’s giant investment bank also got familiar with the PF’s position on issuing bonds of its daughter companies.