LONDON, May 23. /Dunyo IA/. JSC “Aloqabank” has successfully placed its debut Eurobonds on the international market for a total of USD 300 million, reports Dunyo IA correspondent.

The bonds were issued for a five-year term with a coupon rate of 7.7% per annum and are registered on the London Stock Exchange.

It was noted that the placement attracted high interest from international investors. The volume of applications almost quadrupled the initially planned issue amount, which indicates growing confidence in the economy of Uzbekistan and the bank's activities.

“Citibank” participated in the deal as the lead underwriter.