Top Stories

X5 completes RUB 10 bln corporate bond offering

September 08, 2021. TAG: Retail Trade

X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Karusel chains (LSE and MOEX ticker: "FIVE"), has successfully completed its 002P-01 series rouble-denominated bond offering in the amount of RUB 10 bln, issued by LLC X5 Finance.

The coupon rate for the bonds, which have a 3-year put option, was set at 7.6% p.a. The Company plans to use the proceeds to finance current expenses, including debt refinancing to improve the structure of its debt portfolio.

The offering was arranged by Sberbank CIB, Raiffeisenbank, Otkritie Bank and Gazprombank.

https://www.x5.ru/en/PublishingImages/Pages/Media/News/X5_placed_bonds_for_RUB_10%20bln_ENG.PDF

X5 Group

X5 Group is a leading Russian food retailer (LSE and MOEX ticker: "FIVE")

 
Print
Close window