TBC Bank Uzbekistan will issue bonds worth 128 billion sums.

The bonds will be offered through a private subscription to a select group of investors.

As part of the issuance, TBC Bank Uzbekistan plans to offer 128 million bonds with a face value of 1,000 sums each.

The total amount of the issuance will be 128 billion sums.

The bonds will have a maturity period of two years (730 days). The coupon rate will be determined in the issuance decision, which is to be registered with the National Agency for Prospective Projects.

The placement of the bonds is expected to be completed within 20 business days after the registration of the issuance.

We remind you that in November, TBC Bank Uzbekistan issued bonds amounting to 40 billion sums with an interest rate of 24% per annum. At that time, the bond placement was carried out through TBC Capital, which is part of the bank's parent financial and investment group.