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SIBUR reports H1 2020 IFRS results

PJSC SIBUR Holding, the largest integrated petrochemicals company in Russia, today publishes its operational and financial results for the three and six months ended 30 June 2020 in accordance with International Financial Reporting Standards (IFRS).

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SIBUR raises USD 500 m in 5-year Eurobonds at 2.95%, the lowest coupon ever

SIBUR Holding, Russia’s largest integrated petrochemicals company, announces it has raised USD 500 m following the offering of 5-year Eurobonds on the Irish Stock Exchange. The coupon rate is 2.95%, which is  a record low for Russian corporate issuers. The coupon will be paid twice a year. The Eurobond proceeds will be used to optimise the Company’s loan portfolio and for general corporate purposes.

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