January 25, 2017. O1 Properties Finance (Russia) will place USD 335 million of publicly traded bonds on the Moscow Stock Exchange. The unit par value is USD 1000 and have a term of four years. The issue is planned to be placed in February 2017. The issue is guaranteed by O1 Properties Ltd., which is among the largest owners of class-A office real estate in Moscow.
O1 Properties actively assesses its capital structure and strategically manages its upcoming maturities as well as those of the wider O1 Group, including through repayment or refinancing.
Tomasz Zamiara, Chief Financial Officer of O1 Properties: “Last year we successfully placed a USD 350 million debut issue of Eurobonds and used the money for partial repayment of our bank loans. This improved our terms of borrowing, reducing interest rates on our loans and extending maturities. Proceeds from the new issue will be also used partly to refinance the outstanding bond issues and partly for repayment of our other credit facilities, thus securing further improvement of terms of borrowing for O1 Properties Group.”Скачать PDF