Georgia has managed to secure a loan of €82.82 million from the French Societe Generale and €77.63 million will be used to pay for the air defense system the country is acquiring from Thales.
![signing%20of%20air-defence%20fecilities[1]](http://alert5.com/wp-content/uploads/2015/12/signing-of-air-defence-fecilities1.jpg)
The loan was stretched to five years and was backed by France’s export credit agency Coface. Georgia will pay a floating interest rate of between 1.27-2.1 percent.