Moscow, 5 December 2023 – X5 Group (“X5” or the “Company”, LSE and MOEX ticker: FIVE), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, has successfully completed its 003P-03 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 2.5-year put option, was set at 12.9% per annum. The Company plans to use the proceeds to finance current expenses.
The offering was arranged by Bank Sinara, Gazprombank, Region BC and Russian Agricultural Bank.