PJSC LSR Group («LSR» or the «Company») (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that the Rating Agency RAEX («Expert RA») has assigned its ruA (EXP) credit rating to LSR Group’s upcoming Series 001Ð-04 bonds.
Expert RA based its rating analysis on the Bank of Russia’s data, PJSC LSR Group’s information, as well as the data of Expert RA JSC. The rating agency gave a positive assessment of the Company’s moderately high degree of creditworthiness and its financial reliability and stability.
On 26 September 2019, LSR Group decided to place its exchange-traded Series 001P-04 bonds. The Company set the term for the submission of the offers from the potential acquirers for its non-convertible interest-bearing certified exchange-traded Series 001P-04 bonds.
For more information please contact:
Director of Investor Relations
LSR Group Press Service