$300 million eurobond: “Navoiyuran” enters the international financial market

In accordance with the relevant instructions of the President of the Republic of Uzbekistan and the government leadership, international financial and legal advisors were engaged. A list of promising projects was compiled and a presentation for investors was prepared. To attract potential foreign investors, non-deal roadshow events were held in Abu Dhabi and Dubai (UAE), as well as New York and Boston (USA).

The issuance of corporate bonds (eurobonds) was driven by the favorable conditions in the current capital market, which enabled the company to attract a wide range of investors and carry out the issuance under attractive terms.

Based on the recommendations of underwriter banks and foreign consultants, high-level representatives of the issuer took part in the non-deal roadshows to enhance investor confidence and ensure the high quality of the events. Negotiations were held with companies such as Abu Dhabi Investment Authority, First Abu Dhabi Bank, BREVAN HOWARD, Mashreq Capital, ENBD AM, BHM Capital, Q Market Maker, Market Securities, Emirates Investment Bank, UAB, Boston MFS, and FMR.

During the meetings, the consortium of underwriter banks comprising “Citi”, “ADCB”, and “Natixis” noted strong investor interest in the bond issuance.

The successful placement of these corporate eurobonds in the international capital market is a testament to the confidence and positive assessment of the reforms being carried out in our country by the investor community.