REG - X5 Retail Group N.V - X5 Completes RUB 20 Bln Corporate Bond Offering

X5 Retail NVAnnouncement

01/12/2022 16:30

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RNS Number : 3265I  X5 Retail Group N.V.  01 December 2022

 

X5 COMPLETES RUB 20 BLN CORPORATE BOND OFFERING

 

Moscow, 1 December 2022 - X5 Retail Group N.V. ("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 002P-02 series rouble-denominated bond offering in the amount of RUB 20
billion, issued by X5 Finance LLC.

The coupon rate for the bonds, which have a 2.5-year put option, was set at
8.9% per annum. The Company plans to use the proceeds to finance current
expenses, including debt refinancing.

The placement drew strong interest from institutional and retail investors.

The offering was arranged by Gazprombank, Credit Bank of Moscow, Bank Sinara,
Region BC, RRDB.

 

 

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA - ruAAA; ACRA - AAA(RU))
is a leading Russian food retailer. The Company operates proximity stores
under the Pyaterochka brand, Perekrestok supermarkets and Chizhik hard
discounters. X5 provides an omnichannel experience to its customers,
integrating retail stores and e-commerce through its businesses Vprok.ru,
5Post and Mnogo Lososya.

 

As of 30 September 2022, X5 had 20,227 Company-operated stores. It has the
leading market position in both Moscow and St Petersburg and a significant
presence in the European part of Russia. Its store base includes 18,865
Pyaterochka proximity stores, 972 Perekrestok supermarkets and 316 Chizhik
hard discounters. The Company operates 52 DCs and 4,247 Company-owned trucks
across the Russian Federation.

 

X5 is one of the largest employers in Russia. The Company employs over 325
thousand people.

For the full year 2021, revenue totalled RUB 2,204,819 million (USD 29,935
million*), EBITDA pre-IFRS 16 reached RUB 161,024 million (USD 2,186
million*), and net profit pre-IFRS 16 for the period amounted to RUB 48,513
million (USD 659 million*). In 9M 2022, revenue totalled RUB 1,900,049 million
(USD 26,908 million**), adjusted EBITDA pre-IFRS 16 reached RUB 152,894
million (USD 2,165 million**), and net profit pre-IFRS 16 amounted to RUB
46,395 million (USD 657 million**).

 

Forward-looking statements

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the fact that they do not only relate to historical or current
events. Forward-looking statements often use words such as "anticipate",
"target", "expect", "estimate", "intend", "expected", "plan", "goal",
"believe", or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances, a number of which are
beyond X5 Group N.V.'s control. As a result, actual future results may differ
materially from the plans, goals and expectations set out in these
forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Group N.V. speak
only as of the date of this announcement. Save as required by any applicable
laws or regulations, X5 Group N.V. undertakes no obligation publicly to
release the results of any revisions to any forward-looking statements in this
document that may occur due to any change in its expectations or to reflect
events or circumstances after the date of this document.

* FX rate: 73.6541 USD/RUB

** FX rate: 70.6135 USD/RUB

 

 For further details please contact:
 Varvara Kiseleva                                                 Maria Yazeva

 Head of Corporate Finance and IR                                 Investor Relations Officer

 Tel.: +7 (495) 662-88-88 ext. 27-300                             Tel.: +7 (495) 662-88-88 ext. 13-147

 e-mail: Varvara.Kiseleva@x5.ru (mailto:Varvara.Kiseleva@x5.ru)   e-mail: Maria.Yazeva@x5.ru

 

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