Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for UzAuto Motors JSC > News item |
UzAuto launches $300 million 5 3/8% five-year notes with 5 3/8% talk
Chicago, April 29 – Uzbekistan’s UzAuto Motors launched its $300 million offering of five-year notes (B+/B+) with initial talk for a coupon of 5 3/8%, according to a company notice.
Books opened on Tuesday.
The Rule 144A and Regulation S notes are being sold by Citigroup, MUFG, Natixis and Raiffeisen Bank International.
Proceeds, according to Fitch Ratings, will be used for general corporate purposes.
UzAuto, based in Uzbekistan, produces, assembles and sells cars, currently under the Chevolet and Ravon brands.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.