TASHKENT, Uzbekistan, February 16.
Uzbekneftegaz has held negotiations with representatives of
Standard Chartered Bank on expanding the company’s financing
opportunities through bilateral and revolving credit facilities, as
well as strengthening support for its investment projects, Trend reports via the Uzbek
company.
The discussions also zeroed in on financing import-related
contracts and fine-tuning the structure of Uzbekneftegaz’s debt
portfolio as part of its overarching financial game plan.
The parties underscored their continued collaboration, showcasing
the bank’s involvement as a joint bookrunner in a recent club
financing deal and in the company’s eurobond issuance journey.
Uzbekneftegaz emphasized that reducing borrowing costs and
attracting long-term funding sources remain among its top
priorities for the current year.
Following the meeting, the parties agreed to further deepen
their mutually beneficial partnership and continue financing new
joint projects.
Standard Chartered PLC is a British multinational financial
institution providing services in wealth management, corporate and
investment banking, and treasury operations. Headquartered in the
United Kingdom, the bank generates around 90 percent of its profits
in Asia, Africa, and the Middle East. It is listed on the London
Stock Exchange and is a constituent of the FTSE 100 Index.
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