20.11.2020

U z A u t o   M o t o r s   i s   p l a n n i n g   t o   i s s u e   E u r o b o n d s   f o r   U S D   3 0 0   m i l l i o n  

According to the information published on the Unified Portal of Corporate Information, UzAuto Motors is planning to issue Eurobonds in the amount of USD 300 million in 2021 with a maturity of 5-7 years. It is noted that UzAuto Motors will place Eurobonds on the London stock exchange.

Market participants had the chance to submit proposals until November 6 for participation in the competition for the selection of a Lead Manager organizing the issue of Eurobonds.

On a separate note, UzAuto Motors recently announced a competition to organize an initial public offering (IPO). The company plans to issue additional shares of up to 10% of its charter capital for the IPO.

Investment intermediaries in the securities market or commercial banks of Uzbekistan can participate in the competition.

 

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