UzNIF Starts Uzbekistan Airways IPO Preparations, Seeks Advisers This Month
Updated
Updated · Bloomberg · Jun 16
UzNIF Starts Uzbekistan Airways IPO Preparations, Seeks Advisers This Month
1 articles · Updated · Bloomberg · Jun 16
Summary
UzNIF will begin selecting equity capital markets advisers this month to prepare an IPO of Uzbekistan Airways, marking the next step in the fund’s fundraising plan.
Marius Dan, chief executive of Franklin Templeton Central Asia, said at the Tashkent International Investment Forum that the adviser search will also cover some other portfolio companies.
The airline listing preparation signals UzNIF is moving from broad capital-attraction strategy toward execution, starting with external IPO advisers before any share sale process.