Moscow, 7 June 2024 – X5 Group (“X5” or the “Company”), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, has successfully completed its 003P- 05 series rouble-denominated bond offering in the amount of RUB 10 billion, issued by X5 Finance LLC.
The coupon rate for the bonds, which have a quarterly coupon frequency and a 3-year put option, was set at the Bank of Russia’s key rate +1.1% per annum. The Company plans to use the proceeds to finance current expenses.
The offering was arranged by Gazprombank, REGION Broker Company, Sinara Investment Bank.