SIBUR Holding covered the 5th bond issue launched in the volume of 30bn rub., the company informed.
The issue includes 30mln bonds of 1ths rub. par and 7-year maturity. The 1st coupon rate is set at 9% ann. The bonds were placed through the close offering. The issue was backed by Kazan-Neftekhim.
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.