Fitch Ratings assigned the final priority unsecured rating BB+ to the SIBUR Securities Limited guaranteed bonds released in the total volume of $1bn till 2018 at 3.914% in the rate, as it was informed.
SIBUR Securities Limited was set up specially for the bonds issue. The bonds will be backed by the irrevocable and unconditional guarantee of SIBUR Holding.
SIBUR Holding (TIN 7727547261) is the largest petrochemical products maker in Russia. In 2011 above 18bn m3 of associated gas were refined.
The one holder is the Cyprus-based SIBUR Ltd. which beneficiaries involve L.Mikhelson - 57.5%, G.Timchenko - 37.5%, top managers of SIBUR Holding - 5%.
The IH 2012 net profit lost 8.7% (IAS) to come to 29.662bn rub. from 32.499bn rub. prior year.
The revenues increased 12.6% to 136.926bn rub. from 121.586bn rub.; lost 5.1% to gain 42.562bn rub. from 44.836bn rub.; EBITDA dropped 5.1% to 42.562bn rub. from 44.836bn rub.
The debts reached 83.374bn rub. by July 2012.
The IQ 2012 net profit (RAS) dropped 27.15% to 14.583bn rub.; revenues increased 5.4% to come to 59.669bn rub. from 56.613bn rub.; gross profit declined to 23.524bn rub. from 25.474bn rub.