EXPERTISE
Tax

Kinstellar advises the joint-lead managers on the USD 700 million debut Eurobond of Uzbekneftegaz

November 2021 – Kinstellar is pleased to announce that our team in Taskent has advised the joint-lead managers—Bank GPB, Citi, J.P. Morgan and MUFG—on the debut USD-denominated Eurobond, with a tenor of seven years, of the Uzbek state-owned oil and gas producer Uzbekneftegaz.

The proceeds will be used by Uzbekneftegaz to refinance existing indebtedness and for several proposed large-scale investment projects in the country.

The Kinstellar team was led by Joel Benjamin (Partner) and Muborak Kambarova (Counsel), with assistance of Associates Iroda Sadikova, Kamilla Ubaydullaeva and Legal Assistant Sabina Sharipova.