Moscow, 2 November 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-02 series floating-rate, rouble-denominated bond offering in the amount of RUB 20 billion, issued by X5 Finance LLC.
The floating coupon rate for the three-year bonds was set at the Bank of Russia’s key rate + 1.1% per annum. The Company plans to use the proceeds to finance current expenses.
The offering was arranged by Gazprombank.