KY & Partners advises on Uzbek law’s aspects of capital markets transactions. We represent leading financial institutions and companies in debt and equity transactions, both domestic and cross-border.
Members of our team have been involved in all sovereign debt offerings of the Republic of Uzbekistan, fixed income offerings of local banks and corporations with a total value exceeding USD 3.5 billion, including such landmark transactions* as:
Through this involvement, our team gained a unique experience and an in-depth understanding of local and international regulatory requirements and procedures, allowing us to provide first-class advice to our clients.
* Experience of our team members before joining KY & Partners
CITIGROUP, ICBC, MASHREQBANK, MUFG, SOCIÉTÉ GÉNÉRALE, and STANDARD CHARTERED BANK, as the Joint Lead Managers, on the debut Reg S/Rule 144A dual-tranche bond offering by JSCB “Agrobank” on the London Stock Exchange
BANCTRUST INVESTMENT BANK LIMITED, CITIGROUP GLOBAL MARKET LIMITED, J.P. MORGAN SECURITIES PLC, RAIFFEISEN BANK INTERNATIONAL AG, and SOCIÉTÉ GÉNÉRALE, as the Joint Lead Managers, on the debut Reg S/ Rule 144a dual-tranche bond offering by JSCB “Uzbek Industrial and Construction Bank” on the London Stock Exchange
CITIGROUP GLOBAL MARKETS LIMITED, J.P. MORGAN SECURITIES PLC, DEUTSCHE BANK AKTIENGESELLSCHAFT, FIRST ABU DHABI BANK PJSC, MASHREQBANK PSC, NATIXIS, SOCIETE GENERALE, STANDARD CHAPTERED BANK, as the Joint Lead Managers, on the Reg S dual-tranche bond offering by JSC “National Bank of Uzbekistan” on the London Stock Exchange
JOINT-STOCK COMMERCIAL MORTGAGE BANK “IPOTEKA BANK”, as the Issuer, on the private bond issuance on the Vienna Stock Exchange
REPUBLIC OF UZBEKISTAN, represented by the MINISTRY OF ECONOMY AND FINANCE, as the Issuer, on the first-ever tender offer to holders of its notes due 2023 and dual-tranche bond issuance on the London Stock Exchange
Selected experience of our team members:*
CITIGROUP GLOBAL MARKETS LIMITED, GPB-FINANCIAL SERVICES LTD, and J.P. MORGAN SECURITIES PLC, as the Arrangers and Permanent Dealers, on the debut sovereign bond offering by the Republic of Uzbekistan
J.P. MORGAN, CITIGROUP GLOBAL MARKETS, GAZPROMBANK and MUFG SECURITIES EMEA plc on the dual-tranche bond issuance by the Government of Uzbekistan on the London Stock Exchange
CITIGROUP GLOBAL MARKETS LIMITED and J.P. MORGAN SECURITIES PLC, as the Joint Global Coordinators and Joint Bookrunners on the debut corporate international bonds issued by JSCB “Uzbek Industrial and Construction Bank”, the first international bond issued among commercial banks in Uzbekistan
J.P. MORGAN, MUFG SECURITIES EMEA plc, RAIFFEISEN BANK INTERNATIONAL and SOCIETE GENERALE on issuing international bonds by JSCB “Ipoteka Bank”
CITIGROUP GLOBAL MARKETS, MUFG SECURITIES EMEA plc, NATIXIS, RAIFFEISEN BANK INTERNATIONAL on Reg S / Rule 144a Eurobond offering by JSC “UzAuto Motors”, the first international bond issued among corporate issuers in Uzbekistan
CITIGROUP GLOBAL MARKETS, GAZPROMBANK and MUFG SECURITIES EMEA Plc as the Managers on the Reg S / Rule 144a Eurobond offering by JSC “Uzbekneftegaz”, a state-owned holding company of Uzbekistan’s oil and gas industry
CITIGROUP GLOBAL MARKETS, GPB INTERNATIONAL S.A. (Gazprombank), NATIXIS and SMBC Nikko Capital Markets Limited on the debut Reg S / Rule 144a Eurobond offering by JSC “National Bank of Uzbekistan”, Uzbekistan’s largest bank by assets
CATARA CONSULTING (EUROPE) LTD., as the arranger, and the SPV lender that raised financing via private issuance of bonds and lent the funds to the JSCB “Uzbek Industrial and Construction Bank”
CATARA CONSULTING (EUROPE) LTD., as the arranger, and the SPV lender that raised financing via private issuance of bonds and lent the funds to the JSCB “Asaka Bank”
AKFA MEDLINE LLC assistance with the issuance and sale of corporate bonds
IFODA AGRO KIMYO HIMOYA LLC assistance with the issuance and sale of corporate bonds
TETHYS PETROLEUM on secondary listing and sale of shares on the Toronto Stock Exchange, valued at US$100 million in October 2010
TETHYS PETROLEUM on two secondary offerings in 2008 and 2009 on the Toronto Stock Exchange, which raised US$50 million and US$20 million, respectively
MARAKAND MINERALS on its listing on the Alternative Investment Market (AIM) of the LSE (Marakand’s asset is a polymetallic deposit in Khandiza, Uzbekistan)
* Experience before joining KY & Partners