Finance

Kapitalbank to Issue US$50 Million in Dollar-Denominated Bonds

Kapitalbank to Issue US$50 Million in Dollar-Denominated Bonds
Kapitalbank to Issue US$50 Million in Dollar-Denominated Bonds / Photo: Kapitalbank..

Tashkent, Uzbekistan (UzDaily.uz) — Kapitalbank will issue interest-bearing corporate bonds denominated in US dollars with a total value of US$50 million.

The decision was approved at an extraordinary general meeting of the bank’s shareholders held in Tashkent on 29 October 2026, Kapitalbank said.

The bank will issue 500,000 registered bonds with a nominal value of US$100 each. The annual coupon rate will be 7%, with interest payments made every three months.

The bonds will have eight coupon periods and a circulation period of 731 days from the commencement of trading. The issue will be unsecured.

The bonds will be offered through an open subscription over a period of one year from the state registration of the issue.

Transactions will be conducted on the organised securities market in accordance with the trading organiser’s rules. Kapital Securities LLC will act as the underwriter.

Payments for the bonds and their redemption will be made in US dollars through non-cash transactions.

Settlements will follow the rules governing securities transactions in foreign currency under the special legal regime known as the Regulatory Sandbox.

Akbarjon Abrorjonov
Akbarjon Abrorjonov

Akbarjon Abrorjonov is a young journalist who joined UzDaily as a freelance contributor in May 2026. He writes articles in both Russian and English, covering news and developments for the publication.