According to the Bank’s website, the proposed project with JSCB “Uzbek Industrial and Construction Bank”, an existing investment and advisory client and an anchor partner of IFC's in Uzbekistan, consists of: (i) an up to US$40 million, 7-year subordinated loan to be committed in two tranches. The proceeds of the entire investment package will be used to on-lend to private micro, small and medium (MSME) companies; (ii) an up to US$25 million IFC anchor investment into a 5-year Eurobond issuance. The total issuance is going to be up to US$100 million with IFC to mobilize up to US$75 million, subject to market conditions.
Joint-stock Commercial Bank “Uzbek Industrial and Construction Bank”
Director, FI&IR Department
+99871 120 45 00 (ext. 5577)
3, Shakhrisabz str. Tashkent 100000, Uzbekistan
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