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.