Moscow, 27 March 2018 — X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE and MOEX ticker: "FIVE"), announces the placement of RUB 10 bln rouble-denominated series 001P-03 bonds issued by LLC X5 Finance.
The coupon rate on the bonds, which have a put option after 2 years, has been set at 6.95% p.a. The Company plans to use the proceeds from the issue to finance its current operations, including loan refinancing to improve the loan portfolio structure.
The offering was arranged by Raiffeisenbank, UniCredit Bank and BCS Global Markets.
The placement agent was Raiffeisenbank.