29 September 2016

X5 offers corporate bonds

Moscow, 29 September 2016

X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of its RUB 15 billion 001P-01 series ruble-denominated bonds, issued by LLC X5 Finance.

The coupon rate on the bonds, which have a put option after 3 years, is set at 9.45% p.a. The Company plans to use the proceeds from the issue to finance its current operations, including for debt refinancing in order to improve its loan portfolio structure.

The offering was arranged by Raiffeisenbank, Alfa-bank, Promsvyazbank, Sovcombank. The placement agent was Raiffeisenbank.​​