25 July 2024
THE COMPANY TO ISSUE GREEN BONDS IN UZBEKISTAN ACCORDING TO THE REQUIREMENTS OF THE INTERNATIONAL CAPITAL MARKET ASSOCIATION (ICMA)
THE COMPANY TO ISSUE GREEN BONDS IN UZBEKISTAN ACCORDING TO THE REQUIREMENTS OF THE INTERNATIONAL CAPITAL MARKET ASSOCIATION (ICMA)
"THE COMPANY TO ISSUE GREEN BONDS IN UZBEKISTAN ACCORDING TO THE REQUIREMENTS OF THE “INTERNATIONAL CAPITAL MARKET ASSOCIATION” (ICMA)
On July 22 this year, the Company received an external assessment from the “Astana International Financial Centre” (AIFC) (link), confirming compliance with the ICMA sustainable financing principles. This assessment includes compliance with the Green Bond Principles (GBP), Social Bond Principles (SBP), Sustainability Bond Guidelines (SBG), as well as the Green Loan Principles (GLP) developed by the Asia-Pacific Loan Market Association.
This assessment enables the Company to issue and place green bonds on local and international capital markets, with funds raised allocated to financing within the green lending principles.
The Company plans to issue its first green corporate bond by the end of the third quarter of this year."
To share
Other news
THE NATIONAL AGENCY FOR ENERGY EFFICIENCY AND THE JSC"MORTGAGE REFINANCING COMPANY OF UZBEKISTAN" HAVE SIGNED A MEMORANDUM OF UNDERSTANDING AND COOPERATION.
UzMRC Risk Managers in Kuala Lumpur: Studying the Experience of Cagamas Berhad
The opportunity to use UzMRC's bonds as a REPO instrument has been introduced.
