Avesta Investment Group organized a UZS 40 billion bond issuance for Agat Credit

Avesta Investment Group acted as the arranger and structuring advisor for Agat Credit's fourth corporate bond issuance on the Tashkent Republican Stock Exchange. As part of the transaction, the issuer raised UZS 40 billion.

The bonds were placed through a public offering and attracted strong demand from a broad investor base, including institutional, retail, and international investors. The level of interest reflects sustained appetite for fixed-income instruments and the gradual development of the local capital market.

The issuance parameters were structured in line with market conditions and investor demand: the bonds have a nominal value of UZS 100,000, offer a coupon rate of 26% per annum with monthly payments, and a tenor of two years. This structure provided a balanced combination of attractive yield and transparency for investors.

“We see consistent investor interest in debt instruments, particularly in issuers with transparent business models and clear growth strategies,” said Dimitriy Abbasov, Director of Investment Banking at Avesta Investment Group.

The proceeds will be used by Agat Credit to expand its loan portfolio and develop new financial products.

“For us, the bond market is a strategic growth instrument. This successful issuance enables us to scale our lending operations and strengthen our market position,” commented A.P. Dmitriev, CEO of Agat Credit.

The transaction reflects the ongoing development of Uzbekistan’s corporate debt market and the increasing role of market-based instruments in financing. Avesta Investment Group continues to support transactions that enhance investment opportunities and strengthen the capital market infrastructure.