Moscow, 10 February 2025 –
X5 Group (“X5”
or the “Company”, MOEX ticker: X5), a leading Russian food
retailer that operates the Pyaterochka, Perekrestok and Chizhik
retail chains, has successfully completed its 003P-09 series
rouble-denominated bond offering in the amount of RUB 18 billion,
issued by X5 Finance LLC.
The coupon rate for
the bonds, which have a monthly coupon frequency and a 14-month put
option, was set at the Bank of Russia’s key rate +2% per annum. The
Company plans to use the proceeds to finance current expenses.
The offering was
arranged by Sinara Bank.
Press
release
pdf,
116 KB
|