Asset Backed Securities

On July 7, 2008 Georgian Financial Supervision Agency has approved the issuance for public offering of US Dollar denominated two-year Asset Backed Securities (putable bonds) by JSC Auto Finance in the aggregate amount of USD 600,000.

This is a first ever ABS bond issuance in Georgia.

International Securities Identification Number (ISIN): GE000A0TX2J9
National Securities Identification Number: GE2700603170.

CFS Investment Bank is acting as a Structurer, Lead Manager and Placement Agent of the issue.

The bonds pay 20% annual coupon with monthly payments, are putable and bondholders have an option to hedge EUR/USD currency exchange rate risk. The bonds will be traded at Georgian Stock Exchange (www.gse.ge)

Download PDF file for the summary of  the Offering Terms;

For prospectus and further information please contact the issue manager CFS Investment Bank at info@caucasusfinancial.com; Tel: +995 32 559900; Fax: +995 32 559903.