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by Legal Desire
25 May 2026

Dentons advises underwriters on the US$690 million IPO of the National Investment Fund of the Republic of Uzbekistan (UzNIF)

Advising firms

Deal team

6 lawyers named
LawyerFirmSeniorityPracticeOffice
Eldor Mannopov Lead Dentons Partner capital markets Tashkent
Fayzulla Khusankhodjaev Lead Dentons Partner capital markets Tashkent
Sanjar Narzullaev Dentons Counsel Not stated Not stated
Sitora Sobirova Dentons Senior associate Not stated Not stated
Saidrakhim Ibadullaev Dentons Associate Not stated Not stated
Ezozakhon Shukhratiya Dentons Associate Not stated Not stated

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Stated terms

Stated value
USD 690m (US$690 million)
What the figure measures
Issue size
Client
Jefferies International Limited, Abu Dhabi Commercial Bank PJSC, Auerbach Grayson and Company LLC, Raiffeisen Bank International AG, and WOOD & Company Financial Services, a.s.Underwriters
Counterparties
National Investment Fund of the Republic of Uzbekistan (Issuer)