A delegation led by Alisher Mirsoatov, Chairman of the National Bank for Foreign Economic Activity of the Republic of Uzbekistan, visited London. During the visit, $411 million worth of international bonds were placed on the London Stock Exchange.

The financial transaction involved leading auditing and law firms such as Deloitte, Ernst & Young, Dentons, and Linklaters. Negotiations were also held with representatives of the world’s largest financial institutions, including JP Morgan, Citibank, Deutsche Bank, NATIXIS, Societe Generale, and Standard Chartered Bank.

The funds from the bond placement will be used to implement important infrastructure projects and promote Uzbekistan’s economic development. According to experts, Uzbekistan’s experience issuing international bonds in national currency can become an example for other companies in the country and open up new financial opportunities for growth.

Aziza Alimova, UzA