Banking and finance are at the heart of KY & Partners’ legal practice.
Members of our team are one of Uzbekistan’s leading banking lawyers. We have specialised knowledge of and unmatched expertise in Uzbekistan’s financial sector, which allows us to provide comprehensive advice tailored to the needs of our clients.
We provide banks, companies, and financial institutions with a full spectrum of legal services and advise on a wide range of banking and financial products, including:
Our lawyers have advised major banks, international financial institutions, export credit agencies, and corporate entities on the most complex transactions in the Uzbek market*, including:
* Experience of our team members before joining KY & Partners
SAMURAI ASSET FINANCE CO. LTD., on a loan agreement entered into with JSCB “Uzbek Industrial and Construction Bank”
JSCB MICROCREDITBANK, on a tradeable credit facility in the amount of EUR 50 million arranged by Barclays Bank PLC
JSCB MICROCREDITBANK, on a syndicated facility arranged by Halyk Bank
EMF MICROFINANCE FUND AGMVK – LUXEMBOURGH FUND, on Uzbek law issues related to the loan agreements entered into with JSCB “Universal Bank”
Selected experience of our team members:*
PUBLIC FINANCIAL INSTITUTION on a number of transactions in relation to:
⎯ an intergovernmental agreement on the establishment and activities of the institution in Uzbekistan
⎯ the first project financing agreement executed between the institution and Uzbekistan aimed at creating effective and long-term integrated management of domestic waste in Samarkand in accordance with best practices and international standards. The agreement covered the financing of all works and the whole chain of waste management, including its collection, processing and disposal
⎯ provision of a sovereign loan in a maximum aggregate amount of EUR 30,100,000 for the development of the hydropower sector in the Tashkent and Andijan regions. The main objective of the project is to increase hydroelectric production in Uzbekistan in a sustainable way, through the use of clean and renewable energy
⎯ the credit facility to the Republic of Uzbekistan aimed at financing the implementation of the reform program covering key aspects of the national development strategy for 2017-2021
⎯ two sovereign loan agreements entered into with the Republic of Uzbekistan
INTERNATIONAL INVESTMENT BANK on a number of transactions in relation to:
⎯ an up to EUR 100 million term financing to JSC “Uzbektelecom” to modernize the telecommunication infrastructure of the eastern regions jointly with Huawei
⎯ an up to EUR 100 million term financing to JSCB “Uzbek Industrial and Construction Bank” (UZPB) and up to EUR 125 million loan to JSCMB “Ipoteka-Bank”
⎯ a short-term, unsecured euro-denominated loan to two subsidiaries of JSC “Uzavtosanoat” – JSC “UzAutoMotors” and JSC “UzAutoMotorsPowertrain”
⎯ an up to EUR 200 million term financing of the JSC “National Bank of Uzbekistan”
⎯ a loan to JSCB “Agrobank”
DEUTSCHE BANK AG in connection with an unsecured senior term loan facility provided to JSCB “Asakabank”
INTERNATIONAL CORPORATE AND INVESTMENT BANK on export credit framework facilities to the following Uzbek banks with the intention of subsequently entering into individual Export Credit Facility Agreements, covered by various export credit agencies:
⎯ Joint-Stock Company “National Bank of Uzbekistan”
⎯ Joint-Stock Commercial Bank “Trust Bank”
⎯ Joint-Stock Commercial Bank “Orient Finance”
⎯ Joint-Stock Commercial Bank “Asakabank”
⎯ Joint-Stock Commercial Mortgage Bank “Ipoteka-Bank”
⎯ Joint-Stock Commercial Bank “Xalq Bank”
MULTINATIONAL COMMODITY TRADING COMPANY in connection with pre-export financing of JSC “Almalyk Mining-Metallurgical Complex”
CHINESE MAJOR STATE-OWNED COMMERCIAL BANK on the provision of a loan to FE “QarshiConch Cement” LLC for the purpose of expansion and modernisation of a clinker and cement-producing plant
GLOBAL AVIATION COMPANY on issues related to the lease of aircraft to local airlines
BUNGE LIMITED on local law issues related to structured trade finance transactions
* Experience before joining KY & Partners