International Finance Corporation issues $20mn offshore bond for beverage expansion in Uzbekistan

01.08.2024

The International Finance Corporation (IFC) has issued a new offshore bond denominated in Uzbek soum, raising over UZS250bn, equivalent to $20mn. The funds are intended to support the expansion of Uzbekistan’s leading beverage producer and distributor.

The bond, maturing in April 2030, is IFC’s longest-dated UZS bond to date. The proceeds...