Uzbekistan's Proposed Senior Unsecured Notes Assigned 'BB-' Long-Term Rating

DUBAI (S&P Global Ratings) Feb. 7, 2019--S&P Global Ratings today assigned its 'BB-' long-term foreign currency rating to the proposed benchmark-size U.S. dollar-denominated senior unsecured notes to be issued by Uzbekistan (BB-/Stable/B). The amount and interest rate, among other details of the issuance, will be determined during the placement. The notes represent direct, general, unconditional, and unsecured obligations of the sovereign, and rank equally with the sovereign's other unsecured debt obligations. RELATED CRITERIA Criteria Governments Sovereigns: Sovereign Rating Methodology, Dec. 18, 2017 General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 General Criteria: Use Of CreditWatch And Outlooks, Sept. 14, 2009 General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments, May 18, 2009

...DUBAI (S&P Global Ratings) Feb. 7, 2019--S&P Global Ratings today assigned its '##-' long-term foreign currency rating to the proposed benchmark-size U.S. dollar-denominated senior unsecured notes to be issued by Uzbekistan (##-/Stable/B). The amount and interest rate, among other details of the issuance, will be determined during the placement. The notes represent direct, general, unconditional, and unsecured obligations of the sovereign, and rank equally with the sovereign's other unsecured debt obligations. RELATED CRITERIA + Criteria | Governments | Sovereigns: Sovereign Rating Methodology, Dec. 18, 2017 + General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 + General Criteria: Use Of CreditWatch And Outlooks, Sept. 14, 2009 + General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments, May 18, 2009 RELATED RESEARCH + Uzbekistan Assigned '##-' Long-Term And 'B' Short-Term Ratings; Outlook Stable, Dec. 22,2018...

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