SIBUR to Hold Bond Offering on February 18

© ООО Региональные новости

SIBUR Corporation to Hold Bond Offering on February 18

SIBUR Corporation will conduct a bond offering for its series 001P-09 exchange-traded bonds on February 18, 2023, from 11:00 AM to 3:00 PM Moscow time.

Technical listing of the bonds on the stock exchange is scheduled for February 20, 2026.

The planned issue volume is $150 million, with a nominal value of $100 per bond.

The bonds will have a three-year term (1,110 days) and a 30-day coupon period.

The first coupon rate is expected to be no higher than 7.75% per annum.

Payments for the bonds will be made in Russian rubles based on the official exchange rate set by the Central Bank of Russia: on the date of the purchase transaction during the placement period; and on the day preceding the coupon payment or redemption date.

Tabula Rasa Investment Company will act as the placement agent.

This overview was presented by Alexey Grishchenko, Ph.D., Professor of the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.