Tajikistan’s $500mn Eurobond debut is intended to fund construction of the Rogun dam and help Central Asia’s poorest country become a regional energy exporter, yet Dushanbe has a history of being an unreliable financial partner.
The poorest state in Central Asia tapped into growing investor interest in sovereign debt from new and infrequent issuers to raise funds for construction of the world's tallest dam at Rogun.
Citigroup and Raiffeisen Bank International arranging investor meetings for a bond debut aimed at raising funds to construct the world’s tallest hydroelectric dam.
Dictators without Borders combats the myth of Central Asia as a deeply traditional region isolated from international financial and legal systems.
President Emomali Rahmon has actively been shuffling his children among positions of power over the past few years.