Tashkent, Uzbekistan (UzDaily.com) —  In 2025, the Navoi Mining and Metallurgical Company (NGMK) plans to issue eurobonds worth US$500 million.

In 2024, NGMK successfully placed eurobonds on the international market, raising US$1 billion. These bonds were listed on the London Stock Exchange in October.

According to Fitch Ratings, the bond issuance is an important step in implementing NGMK’s strategic plan to strengthen the company’s financial position.

The proceeds from the bond placement will be used to finance capital expenditures and refinance existing debt, ensuring sustainable operational growth and financial stability for the enterprise.