Uzbekistan Airports plans to issue its first eurobonds. On March 20, the company announced a directive to issue $100 million by year-end.
To meet this goal, a deputy head visited Europe last week. In March, the company signed a contract with a credit rating agency, expecting the first rating by mid-May, followed by a second rating. The issuance could be completed by November.
Funds will go toward airport reconstruction, including a new cargo terminal at Tashkent Airport.
Source: uzdaily.uz