Expert RA has assigned a credit rating to the debt instrument of Segezha Group, a 002P-03R series bond loan

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AK&M 26 January 2022 16:51

On January 26, 2022, Expert RA Rating Agency assigned the credit rating of Segezha Group's debt instrument, a 002P-03R series bond loan, at the level of ruA+. This is stated in the agency's message.

Possible additional adjustments for subordination, collateral and surety are not provided for this issue, in connection with which the agency establishes parity between the current rating of the issuer of PJSC Segezha Group (ruA+, pos.) and bonds of the 002P-03R series (issue volume - 9 billion rubles).

PJSC Segezha Group is one of the largest vertically integrated holdings in Russia in the field of woodworking and pulp and paper industry. The Group is one of the key assets of PJSC AFK Sistema (giAA-, pos.). The company holds a leading position in terms of production of paper bags and bag paper, as well as lumber and plywood in Russia and Europe.