PJSC SIBUR Holding has closed the bid book for bonds BO-01 amounting to RUB 10 billion and BO-02 amounting to RUB 5 billion, the company informed.
As a result of the bookbuilding, the 6-month coupon is set equal to 5.50% p.a. reaching a historic low for market issues of corporate issuers throughout the history of the contemporary Russian public debt market.
The technical offering of the securities will take place on the Moscow Exchange on May 28, 2020, with listing tier 2 expected.
PJSC SIBUR Holding (tax number: 7727547261) is the largest Russian manufacturer of petrochemical goods. SIBUR's controlling shareholder is Leonid Mikhelson.
SIBUR's IFRS net profit for 2019 increased by 27.6% YoY to RUB 141.4 billion. The company's revenue decreased by 6.6% to RUB 531.3 billion, EBITDA by 15.4% to RUB 170 billion.
IFRS net loss of SIBUR Holding for Q1 2020 amounted to RUB 52.281 billion against a profit of RUB 46.02 billion a year earlier. Revenue dropped by 7.8% to RUB 120.671 billion from RUB 130.886 billion, EBITDA by 15.2% to RUB 37.428 billion from RUB 44.161 billion.
"AK&M", 21.05.2020 17:51