Gvinadze & Partners Acts for the Lender on a USD 150 million Loan for the Expansion of Tbilisi International Airport
We are pleased to share that we have acted as the Georgian legal counsel to the Lender in connection with the USD 150 million loan facility granted to TAV Georgia, a member of Groupe ADP. This financing supports the next phase of development at Tbilisi International Airport, including a significant expansion program set to double the airport's annual capacity to 10 million passengers, and includes a concession extension for TAV Georgia through 2031. This transaction marks a significant milestone in Georgia's infrastructure development, strengthening Tbilisi’s position as a regional aviation hub.
Our Team on this transaction was led by Partner Sophie Panjikidze, together with Senior Associate Nino Gobejishvili and Associates Tekla Megreli and Nino Karalashvili. We congratulate our team, as well as all parties involved in this important transaction and their respective legal counsel on this success.
Gvinadze & Partners LLC is a leading Georgian business law firm celebrating three decades of legacy of serving and promoting business and investment in Georgia, and it is widely recognized as the highest quality legal service provider in all key practice areas including Banking and Finance.
