Sibsteklo Completes Placement of Fourth Bond Issue

Dear colleagues, we publish news about the member of the StekloSouz Association of Russia, Sibirskoye Steklo LLC (Sibsteklo):

LLC Sibirskoye Steklo (Sibsteklo, one of the leading glass container manufacturers in Russia, an asset of RATM Holding) raised 350 million rubles following the placement of a new issue of bonds of the Sibsteklo-BO-01 series (No. 4B02-01-00373-R dated 15.01.2025, ISIN: RU000A10ASF9).

The entire volume was bought out in 1,540 transactions. The maximum bid amounted to 25 million rubles, the minimum (which became the most popular) - 1 thousand rubles. Securities intended for qualified investors are included in the Moscow Exchange Growth Sector.

– Demand for glass containers is growing. By successfully managing public history, the company gains additional opportunities to satisfy it, resolves current financial issues, and maintains operational efficiency, - noted Anton Mor, CEO of Sibsteklo, thanking investors for their trust. According to him, with the help of the attracted funds, the enterprise will replenish its working capital, including to maintain the stability of supply chains - the formation of stocks of raw materials and finished products in the interests of customers. Part of the money will be used to purchase equipment that allows increasing productivity in the control and packaging areas. Let us recall that the face value of one bond is 1,000 rubles, the circulation period of the issue is two years, the coupon rate is 29% per annum, fixed for the entire period, payments are monthly. Partial early repayment of the bond value is provided for at 10% quarterly, starting from the 15th p.p., and 70% on the end date of the 24th p.p.

- Sibsteklo has been an issuer of exchange-traded bonds since 2020, - comments Nikolay Zapryagaev, Director of the Debt Capital Markets Department of the investment company Uniservice Capital (the organizer of the placement and underwriter). - The fourth issue was a record for the company in terms of volume. It was placed in 43 trading days, which, given the difficult situation on the stock market, is considered a good result, primarily indicating that the parameters - the coupon rate, the circulation period - correspond to the market situation. In addition, according to the expert, the issuer’s reputation also played a role: Sibsteklo’s management is ready for an open dialogue with investors, promptly answers their questions, informs them about current events, and participates in interviews, including on independent platforms.