The First Vice-Governor of the National Bank of Georgia, Ekaterine Mikabadze, participated in the event dedicated to the issuance of Nutrimax’s debut public bonds.

In her speech, Ekaterine Mikabadze highlighted the importance of capital market development, noting that the emergence of new issuers demonstrates the growing role of the capital market in enabling companies to attract long-term financing. She noted that this trend, on the one hand, creates additional funding opportunities for businesses, while on the other hand, provides investors with a wider range of investment instruments.

She also emphasized the expansion of sectoral representation in the local bond market, noting that Nutrimax is the first company from the animal feed production sector to issue public bonds. According to her, it is important that the capital market is increasingly contributing to the development of local production and various sectors of the economy.

Ekaterine Mikabadze also reviewed developments in the corporate bond market, noting that 2025 was a record year in terms of issuance volume. Furthermore, during the January–May period of the current year, including the Nutrimax issuance, the total volume of corporate bonds publicly issued by five issuers amounted to GEL 330 million, representing a significantly higher level compared to the same period last year.

“The entry of new companies into the market demonstrates the growing importance of the capital market in helping companies attract financial resources. At the same time, it contributes to the creation of more diverse investment opportunities for investors,” said Ekaterine Mikabadze.

The bonds issued by Nutrimax, with a total value of USD 10 million, have a two-year maturity. The proceeds from the issuance will be used by the company to refinance existing liabilities and finance capital expenditures. The securities will be admitted to trading and listing on the trading system of JSC Tbilisi Stock Exchange.

Nutrimax has been operating in the Georgian market since 2009 and is one of the leading producers of feed for livestock, poultry, and aquaculture. The company operates in both local and international markets.