Learn more

By Ben Aris in Berlin Uzbekistan’s gold mining national champion Navoi Mining & Metallurgical Combine (NMMC) has issued its debut $1bn Eurobond on October 10. The bond consists of a dual-tranche offering: $500mn in 4-year notes with a 6.70% yield and another $500mn in 7-year notes at 6.95%. The funds raised will support NMMC’s investment plans, which include expanding its gold production and furthering strategic projects. The proceeds from the bond will contribute to NMMC’s ongoing investment program, which has seen substantial progress in 2024, including a $281mn investment to increase ore pr…

cuu