NEW ISSUE: The Republic of Uzbekistan UZS bmk 3yr Sr Unsec; 12.500%a
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Issuer
Term
Maturity
Size
Ranking
Type
IPT
The Republic of Uzbekistan
3yr
13-Apr-29
bmk
Sr Unsec
Fixed
12.500%a
IPTs: 3yr: 12.500%a
Note: The Republic of Uzbekistan has also announced an invitation to holders of its outstanding UZS 4,250,000,000,000 16.250% Notes due 2026 to tender any and all of the Notes for cash, with the expiration deadline of 10:00 p.m. (London time) on 9-Apr-26.
Issuer: The Republic of Uzbekistan (represented by the Ministry of Economy and Finance of the Republic of Uzbekistan)
Issuer Ratings: Ba3/BB/BB (Moody's/S&P/Fitch)
Expected Issue Ratings: BB/BB (S&P/Fitch)
Documentation: The Republic of Uzbekistan’s GMTN Programme
Ranking: Senior unsecured notes
Format: 144A/Reg S
Currency: UZS
Tenor: 3 years
Maturity Date: 13-Apr-29
Size: Benchmark
Denominations: UZS2,500mm x UZS10mm
Coupons: Fixed, Payable semi-annual
Day Count: 30/360
Settle: 13-Apr-26
Settlement Currency: USD (all payments in US Dollars, incl. settlement, coupon and principal)
Governing Law: English
Listing: London Stock Exchange (Main Market)
UoP: General budgetary purposes
Clearing: Euroclear / Clearstream / DTC
JLMs & Joint Books: Citi, Deutsche Bank, J.P. Morgan (B&D), Raiffeisen Bank International and Standard Chartered Bank
Reference FX rate: USD/UZS at 12,194 (for UZS tranche settlement purposes), as reported and published by the Central Bank of Uzbekistan on its website on 1-Apr-26