May 15, 2019 20:41
Uzbekneftegaz planning to place $1 bln of Eurobonds in 2020
TASHKENT. May 15 (Interfax) - JSC Uzbekneftegaz, Uzbekistan's oil and gas operator, is planning to place $1 billion of Eurobonds in 2020.
"We're planning to place $1 billion of Eurobonds in 2020," Deputy Chairman of the Board Bakhodirjon Sidikov told journalists.
Preparations are now underway, and the company may be ready for the placement by the middle of next year, he said.
This will be the company's first Eurobond placement. Gazprombank (MOEX: GZPR) has been named one of the two global coordinators and bookrunners of the issue.
In 2018, Uzbekneftegaz produced 61 billion cubic meters of gas (up 9.3% year-on-year) and 3 million tonnes of oil and condensate.
In February 2019, Uzbekistan entered the Eurobond market, placing two tranches of $500 million each. The yield of the five-year tranche was 4.75%, and that of the 10-year tranche was 5.375%.
(Our editorial staff can be reached at email@example.com)
June 19, 2019
Russian, Serbian, Belarusian paratroopers drill liberation of airfield
Azeri foreign minister, Bolton discuss mechanisms for Karabakh settlement progress
Russian Soyuz rocket to orbit Meteor-M, 30 foreign including U.S. satellites in early July
Ukraine failed to provide info on its Buks' deployment on day of Flight MH17 crash - DPR
DPR notes change of atmosphere in one TCG subgroup only
New data on MH17 crash nonobjective - Slutsky
Moscow, Hanoi markedly intensify military-technical cooperation - Russian General Staff chief Gerasimov
Joint commission of JCPOA's meeting on June 28 under discussion, no final decision yet - Ryabkov (Part 2)
Joint commission of JCPOA's meeting on June 28 under discussion, no final decision yet - Ryabkov
Minsk negotiators failed to agree on new, 'harvest' Donbas truce
JCPOA JOINT COMMISSION MEETING ON JUNE 28 BEING CONSIDERED, NO FINAL DECISION MADE SO FAR - RYABKOV
Patrushev, Serbian interior minister discuss security cooperation
Zelensky says hoping everyone responsible for death of Flight MH17 be brought to justice