Updated
Updated · Bloomberg · Jul 7
AKFA Aluminium Picks Citi, JPM for 2-Day London Bond Roadshow
Updated
Updated · Bloomberg · Jul 7

AKFA Aluminium Picks Citi, JPM for 2-Day London Bond Roadshow

1 articles · Updated · Bloomberg · Jul 7

Summary

  • AKFA Aluminium Group will meet international investors from July 13 in a two-day London roadshow arranged by Citigroup and JPMorgan Chase as it tests demand for a debut bond.
  • The meetings are preliminary, and people familiar with the plan said a bond sale is not imminent.
  • The outreach marks a potential first bond issue for one of Uzbekistan’s largest private companies, which makes aluminum and plastic products.

Insights

Will AKFA's new US factory convince investors to back the first international bond from Uzbekistan's private sector?
With state firms dominating borrowing, can a private Uzbek company like AKFA truly compete for global investor capital?