“IKS 5 Finans” has established the rate of the 1st coupon of bonds for 10 billion rubles at 5.75%
OOO “IKS 5 Finans” (SPV-structure of the company X5 Retail Group (MCX:FIVEDR)) set rate 1-th coupon 15-year bond series 001P-11 for 10 billion rubles at 5.75% per annum, according to the company.
A collection of applications took place on 22 may from 11:00 to 15:00 GMT.
In the process of premarketing landmark was once reduced from the original 5,80-5,90% per annum.
The rate corresponds to yield to put option in 2.5 years at the level of 5.83% per annum.
Terazosina scheduled for release on may 28.
The organizers of BCS Global Markets, Gazprombank, credit Bank of Moscow, Raiffeisenbank, Russian agricultural Bank, BK “Region” and Sovcombank.
Given the offer of grant of security from X5 Retail Group N. V. and JSC “Trading house “Crossroads”.
Last time the company came to the bond market in April this year by posting a 15-year issue with put option in 2 years the amount of 10 billion rubles. The coupon rate amounted to 6.9% per annum.
Currently in circulation are 14 issues of exchange bonds of the Issuer for a total amount of 100 billion rubles.
X5 Retail Group is Russia’s largest retailer in terms of sales. At the end of March, the group joined 16 658 stores, including 15 739 “neighborhood” stores “Pyaterochka”, 846 “Perekrestok” supermarket and 73 of the hypermarket “Carousel”.