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April 19, 2021
Alfa-Bank (Russia)

Alfa-Bank (Russia) Successfully Closed USD 350 mln Basel III Compliant Subordinated Eurobond Issue

Alfa-Bank has successfully closed the book of subordinated Tier 2 Eurobonds compliant with Basel III (Central Bank Regulation 646-P). The total amount of the subordinated loan is USD 350 mln, the call option is scheduled in 5.5 years, the maturity is in 10.5 years.

TAG: Financial Services

April 15, 2021
X5 Group

Vprok.ru Perekrestok expands with X5 infrastructure

X5 Retail Group is developing its delivery model and expanding the regional delivery network of the online hypermarket Vprok.ru Perekrestok by using existing 5Post infrastructure.

TAG: Retail Trade

April 15, 2021
Alfa-Bank (Russia)

S&P revised Alfa-Bank (Russia) Outlook On ‘BB+/B’ To Positive On Resilient Earnings

S&P Global Ratings revised its outlook on Alfa-Bank to positive from stable. Long-term credit rating of the Bank was affirmed at the level of BB+.

TAG: Financial Services

April 12, 2021
X5 Group

X5 enters dark kitchen segment

X5 Retail Group announced a deal with Mnogo Lososya to enter the dark kitchen segment of the food market. This decision is in line with X5's strategy to meet the fullest possible range of customers' food-related needs, in particular by expanding the product offering in the fast-growing ready-to-eat segment.

TAG: Retail Trade