TSX runs higher on rate cut expectations
LONDON - J.P. Morgan Securities PLC announced Wednesday that no stabilization measures were undertaken for Joint Stock Company "National Bank for Foreign Economic Activity of the Republic of Uzbekistan" (NBU) recent bond offerings, according to a post-stabilization notice.
The announcement follows a pre-stabilization period notice dated July 8, 2025. The offerings included a $300 million 5-year fixed-rate senior unsecured notes and a 1.2 trillion Uzbek Soum (UZS) 3-year fixed-rate senior unsecured notes.
The dollar-denominated notes were priced at 100.00% while the soum-denominated notes were priced at 99.608%. Both securities will be listed on the Vienna Stock Exchange MTF.
J.P. Morgan Securities PLC served as the stabilization coordinator for both offerings, with multiple financial institutions acting as stabilization managers, including Abu Dhabi Commercial Bank, Citi, Commerzbank (ETR:CBKG), Mashreq, Natixis, Oman Investment Bank, Societe Generale (OTC:SCGLY), and Standard Chartered (LON:STAN) Bank.
The announcement stated that no stabilization activities, as defined under Article 3.2(d) of the Market Abuse Regulation or Financial Conduct Authority rules, were conducted by the appointed stabilization managers.
This information was provided through a Regulatory News Service (RNS) announcement via the London Stock Exchange (LON:LSEG).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.