The offering was divided into two tranches
Investors looking to capitalise on this offering have a limited window to participate
Pricing has been firmly set at $25 per GDR
Flag carrier becomes the most valuable asset in Uzbekistan’s first major international equity offering
The investment is tied to UzNIF's dual listing on both the LSE and the UzSE
UzNIF plans dual listing as government seeks to deepen capital markets and attract foreign investors
Head of Europe, Primary Markets at the London Stock Exchange on primary markets, IPOs and investor interest in Uzbek companies
UzNIF recently restructured its portfolio to 15 companies
July 15, 2025
Head of Primary Markets for Europe at the London Stock Exchange explains how to prepare for an IPO, the role of Eurobonds, valuation discount, and investor interest in Uzbekistan