Moscow, 5 May 2016
X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of RUB 5 bln BO-06 series ruble-denominated bonds issued by OOO X5 Finance.
The coupon rate on the bonds, which have a put option after 1.5 years, is set at 10.50% p.a. The Company plans to use the proceeds from the issue to finance its current operations, including loan refinancing to improve the loan portfolio structure.
The offering was arranged by Sovkombank, Raiffeisenbank, Promsvyazbank, and BK REGION.
Download (PDF. 202 KB)