Asset Class: Real Estate
Industry: Hospitality
Deal Structure: Acquisition of 100% equity through privatization
General Information: Following an international tender conducted in 2022, the Uzbek-Emirati investment company Abu Dhabi Uzbek Investment was selected as the winning bidder for the acquisition of a 100% stake in Poytaxt Qurilish va Xizmat LLC for $87 million.
Hyatt Regency Tashkent is a five-star luxury hotel under the Hyatt international brand. The hotel spans eight floors and features 300 rooms, including 248 standard rooms and 52 suites.
Asset Class: Fixed Income
Industry: Healthcare & Education Services
Placement: Private
Deal Structure: Foreign Currency-Indexed Bonds
Term: 5 years
General Information: AKFA Medline issued and placed 21,100 corporate bonds, each with a nominal value of 10 million UZS, totaling 211 billion UZS. The proceeds were used for the construction of the Central Asian University (formerly AKFA University) campus in the Tashkent region. The 5-year bonds were placed through a private subscription, with Abu Dhabi Uzbek Investment as the sole investor.
Central Asian University is one of the largest private universities in Uzbekistan, offering degree programs in medicine, business, engineering, and the humanities.
Project Cost: $20 million
Year of Transaction: 2021
Asset Class: Fixed Income
Industry: Agrochemicals
Placement: Private
Deal Structure: Foreign Currency-Indexed Bonds
Term: 5 years
General Information: Financing for one of the leading agrochemical manufacturers to support further expansion. The company supplies crop protection products and fertilizers to agricultural enterprises, along with consulting services on product application.
Project Cost: $10 million
Year of Transaction: 2022
Asset Class: SME Lending
Industry: Various
Deal Structure: Targeted Bank Deposits
Term: 3–5 years
General Information: A financing program for small and medium-sized enterprises (SMEs) aimed at expanding access to funding through Uzbekistan’s leading commercial banks. To date, the program has supported over 1,000 SMEs, with a total financing volume exceeding $77 million.
Project Cost: $77 million
Year of Transaction: 2020
Asset Class: Equity Capital
Industry: Industry
Deal Structure: Follow-on Public Offering (FPO)
General Information: Acquisition of shares through a public offering.
Project Cost: $1.3 million
Year of Transaction: 2020