NEGU Delegation visits London for high-level seminars and meetings organised by Finasia Capital
The management team of the National Electric Grids of Uzbekistan “NEGU” successfully completed a comprehensive five-day program in London, designed to enhance their financial expertise and establish key relationships with international banks, rating agencies, and legal firms. The visit, organised by Finasia Capital Ltd., included high-level seminars and strategic meetings with major global banks, rating agencies, and legal advisors to discuss company’s future debt financing opportunities.
Seminars
The first two days of the program were dedicated to in-depth financial training at Finasia Capital’s London office, where experts provided key insights into international debt markets and corporate finance.
On Day 1, Finasia’s team conducted a comprehensive seminar on debt management, liquidity planning, and international debt financing strategies. The session covered essential financial concepts such as optimal capital structure, weighted average cost of capital (WACC), and debt structuring strategies. Participants gained a deeper understanding of corporate debt instruments, including bilateral loans, Export Credit Agency (ECA)-backed financing, partially guaranteed loans, International Financial Institutions (IFI) financing, and international bond issuance. Special emphasis was placed on ESG instruments, which are increasingly gaining traction among investors seeking sustainable investment opportunities. The seminar also addressed liquidity management strategies, including cash flow forecasting and working capital optimization.
On Day 2, the focus shifted to investor relations, equipping NEGU team with the necessary insights and industry expertise to build and maintain strong relationships with international investors. The session explored key investor expectations, reporting standards, and best practices in investor communications. Later in the day, J.P. Morgan’s team led a dedicated seminar on hedging instruments, particularly tailored for NEGU’s USD-denominated loan obligations versus their mostly UZS-based revenue stream. The discussion centered on currency risk mitigation strategies, with J.P. Morgan presenting customised hedging solutions to minimize potential losses from currency devaluation and unpredictable tariff adjustments.
