PAO SIBUR Holding, an integrated gas processing and petrochemicals company, today published its operational and financial results for the six months ended 30 June 2016 in accordance with International Financial Reporting Standards (IFRS).
Certain changes have been introduced to BIAXPLEN’s management team with a view to improving the Company’s operations and boosting management efficiency.
On 26 July 2016, SIBUR Holding successfully closed the bookbuild for its Series 11 bonds in the amount of RUB 10 bn. With a coupon period of 182 days, the bonds have a tenor of 10 years and a put option in 3 years. The par value of the bonds is RUB 1,000 each. The offering price is 100% of the par value.