Flurry of Uzbek corps set to debut, diversification on horizon

AdobeStock_Uzbekistan_575x375_07Jan2021
By Mariam Meskin
07 Jan 2021

Diversification has taken hold in central Asia's Uzbekistan, which over the last two years has started its pivot towards international capital markets. According to sources, a plethora of debut deals is expected to hit markets in coming months.

A ripple of capital market issuance from the sovereign and some of the country’s largest corporates over the last two years since President Shavkat Mirziyoyev pledged to liberalise the economy has set the stage for a wave of issuance from both state-owned enterprises and small and medium corporates ...

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