Uzbekistan to hold "road show" on debut Eurobonds

Source: Xinhua| 2019-02-05 00:17:42|Editor: Mu Xuequan
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TASHKENT, Feb. 4 (Xinhua) -- Uzbekistan's finance ministry said Monday the country will hold a "road show", meeting with investors from the United States and Britain from Feb. 7 to 14 ahead of the debut Eurobond placement.

"Based on conditions and trends in the international financial markets, it is planned to issue the country's first state international bonds for a period of 5 and or 10 years," the finance ministry said in a statement.

Uzbekistan for the first time plans to issue 500 million U.S. dollars of bonds, a minimum benchmark bond.

JP Morgan was appointed as a global coordinator and joint bookrunner, while Citi and Gazprombank - joint leading managers and bookrunners, the ministry said.

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