Moscow, 24 March 2025 –
X5 Group (MOEX
ticker: X5), a leading Russian food retailer that operates the
Pyaterochka, Perekrestok and Chizhik retail chains, has successfully
completed its 003P-11 series rouble-denominated bond offering in the
amount of RUB 15 billion, issued by X5 Finance LLC.
The coupon rate for
the bonds, which have a monthly coupon frequency and a 24-month put
option, was set at 17.25% per annum. The Company plans to use the
proceeds to finance current expenses.
The offering was
arranged by Sinara Bank.
Press
release
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