Independent
Fundraising
Independent, format-agnostic and cost-efficient fundraising advice and execution for Emerging Markets borrowers and issuers.
USD 50m–300m+
Funding Amount
Loan · PPB · LPN · Public Bond
4
Funding Formats
Format-agnostic execution
40+
Years
Combined founder experience
Independent and Emerging Markets focused
O&M Securities is a London-based fundraising advisor for Emerging Markets borrowers and issuers, with extensive execution experience.
Who we are
Established for Emerging Markets
Established for EM borrowers and issuers
O&M Securities Limited was established to support Emerging Markets borrowers and issuers with fair and balanced fundraising advice and efficient deal execution.
Strong EM debt capital markets expertise
Through its founders and affiliated stakeholders, the firm combines strong Emerging Markets debt capital markets expertise with extensive execution experience in Uzbekistan and a deep familiarity with many Uzbek current and potential borrowers and issuers.
Deep buyside relationships
We have cultivated relationships with key large buyside players who appreciate our regional and corporate knowledge and the business set-up.
How we engage
Format-agnostic
Format-agnostic execution
We can execute transactions in loan, loan participation note, as well as private and public bond formats.
Format chosen on the merits
The preferred format depends on the investor and borrower preference, costs, market conditions as well as speed of deal execution.
Founder-led advice and execution
Experienced founders will provide advice and execution support from the beginning to the transaction settlement.
Team behind the Firm
Senior leadership with extensive Emerging Markets Debt Capital Markets expertise.
20+ years of experience. Expert in corporate finance, debt capital markets, and financial reforms.
Sherzod Komilov
Associate Director
10+ years of experience. Expert in financial analysis, compliance, and debt management.
Abdullo Makhmudov
Senior Associate
10+ years of experience. Expert in corporate finance, rating advisory and debt management.
Abdulaziz Tokhirjonov
Associate
2+ years of experience. Expert in financial accounting and economics.
Ansar Rakhmonov
Associate
2+ years of experience. Expert in corporate finance and debt capital markets.
Farrukh Chorikulov
Analyst
1+ years of experience. Expert in data analysis, dynamic modeling, and financial forecasting.
Doniyor Abdumajitov
Analyst
1+ years of experience.
Our execution model taking you from brainstorming to deal closing
A project-ready engagement flow taking you from initial idea to executed transaction.
Brainstorming
Share funding needs and objectives with us. We may bring funding ideas which you have not considered before.
Discovery · Idea generationAssessment & matching
We conclude on the best funding format and, usually, approach a small group of investors for validation and indicative terms. We present you with a funding plan and cost structure.
Format selection · Indicative termsDeal execution
We appoint third parties with your approval and arrange the execution of the transaction. We use quality third parties, including top law firms as well as loan, bond and settlement agents.
Top counsel · Settlement agentsIndependent advice, targeted investor access and efficient execution
Capital markets formats we execute
O&M is agnostic with respect to fundraising format. The preferred format depends on investor and borrower preference, costs, market conditions and speed of execution.
Loan
- Senior or junior unsecured or secured LMA format loan
- Tenor from 6-months to 3-years. Can be used for bridging or term funding
- Amount from USD50m to USD150m
- USD and EUR mostly but local currency can be considered as well
- Likely to provide the highest funding cost due to a limited number of investors accepting the format
Private Placement Bond
- Senior unsecured or secured bond
- Euroclearable with listing on an unregulated stock exchange
- May or may not be rated
- Amount from USD50m to USD200m
- USD and EUR mostly but local currency can be considered as well
- Placed with one or a few institutional investors
- Likely to provide a competitive funding cost
Loan Participation Note
- Format combining the Loan and the Private Placement Bond
- SPV pass-through with loan re-packaging into a Euroclearable note
- Borrower 'sees' a Loan while the investor 'sees' a Bond
- Amount from USD50m to USD200m
- USD and EUR mostly but local currency can be considered as well
- Placed with one or several institutional investors
- Likely to provide a competitive funding cost but relatively high set-up costs
Public Bond
- Senior unsecured or secured bond
- Usually rated by two international rating agencies
- Euroclearable with listing on a regulated or unregulated stock exchange
- Amount from USD300m
- USD and EUR mostly but local currency can be considered as well
- Requires a full due diligence, public business and financial disclosure
- Likely to provide very competitive funding cost but high set-up costs
What we bring to every transaction
A streamlined engagement model focused on investor matching, diligence and hands-on execution support.
Targeted Investor Access
We maintain active dialogue with international institutional investors focused on less liquid Emerging Markets loans and bonds.
Independent Borrowing Advice
As an independent firm, we provide fair, honest and objective funding advice tailored to each client's needs.
Execution-Focused Support
Our founders bring deep experience in managing funding processes efficiently while limiting demands on the borrower's senior management where possible.
Where we add value
Three principles that shape every mandate we take on.
Advice
Independent and transparent advice
Cost
Lower cost structure leading to transaction cost benefits for clients
Management
Efficient execution by senior professionals leading to lower management involvement
Get in touch
Whether you are raising capital or deploying it across Emerging Markets — start the conversation here.
For Borrowers and Issuers
Established to support Emerging Markets borrowers and issuers with fair and balanced fundraising advice and efficient deal execution. Format-agnostic across loan, LPN, private and public bond.
- Fair and balanced fundraising advice
- Format-agnostic execution
- Tickets from USD 50m to 300m+
For Institutional Investors
We maintain active dialogue with international institutional investors focused on less liquid Emerging Markets loans and bonds, and welcome enquiries from buyside players interested in our deal flow.
- Curated EM deal flow
- Loan, LPN, PPB and public bond
- Direct conversation with the deal team