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.