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Economics

InfinBANK has signed an agreement on the placement of $300 million in Eurobonds

Within the framework of the "C5+1" meeting in Samarkand, an agreement was signed between InfinBANK and the US investment bank Oppenheimer & Co. Inc. on the placement of Eurobonds worth $300 million.

InfinBANK signed an agreement on the placement of $300 million Eurobonds

According to the bank, a deal exchange ceremony was held between the main shareholder of InfinBANK, Farhod Mamatdjanov, and the Chief Executive Officer of Oppenheimer & Co., Max Lami.

The ceremony was attended by the US Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service, David Fogel, as well as the Minister of Investments, Industry and Trade of Uzbekistan, Laziz Kudratov.

According to the bank, the funds planned to be raised are expected to serve to expand opportunities for long-term financing of projects in the real sector of Uzbekistan's economy.

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