On 19 October 2021, Slavyansk ECO LLC made a debut bond placement worth 3 billion roubles on MOEX.
Following book building on 14 October 2021, the final coupon rate was set at 11.00% per annum (yield to put at 11.46% per annum). With a maturity of 5 years, the issue has a put option in 3 years.
Slavyansk ECO LLC ('BBB(RU)' by ACRA) has assets in primary and secondary petroleum refining, catering to both domestic and international customers, including the world’s major operators such as British Petroleum, Trafigura, Litasco, Vitol, Petraco, Totsa, and Coral Energy. Slavyansk ECO enjoys a competitive edge thanks to its location, just 70-90 km away from the Black Sea ports and 70 km away from the Samara-Novorossiysk trunk pipeline.
Slavyansk ECO has a leading position in oil refinery in Russia, with 8.3% of the total volume in the Southern Federal District and 1.3% of the country’s total volume.