Uzum Nasiya Conducts Second Bond Placement on the Tashkent Republican Stock Exchange

Tashkent, Uzbekistan (UzDaily.com) — Makesense LLC, owner of Solutions Lab JSC — the operator of the Uzum Nasiya service — announced its second bond placement on the Uzbekistan Stock Exchange (UZSE).

The public offering includes 4,000 bonds with a total value of 400 billion soums.

Each bond has a nominal value of 100 million soums, an annual coupon rate of 24% with quarterly interest payments, and a circulation period from November 3, 2025, to October 23, 2027. The placement also allows for the issuer to repurchase the bonds within 60 days.

The proceeds will be used to finance the Uzum Nasiya service.

As of Q2 2025, the total volume of loans issued reached US$443 million, with interest income amounting to US$75 million.

Previously, in March 2025, the company successfully completed its debut bond placement totaling 300 billion soums, with a 25% annual coupon rate and a nominal value of 500 million soums per bond.