Cloud.ru, a provider of cloud and AI services, has announced a new bond issue worth at least 10 ₽ billion. The securities will have a maturity period of 2.5 years. The company plans to open the order book for the issue on October 8, 2026.
The bonds feature a floating coupon rate calculated as the Central Bank of Russia's key rate plus a spread of no more than 200 basis points. The issuer holds credit ratings of AA+(RU) from ACRA and ruAA+ from Expert RA, both with stable outlooks.
The company intends to use the proceeds to develop its cloud and AI infrastructure, expand its product portfolio, and launch new business lines. CEO Mikhail Lobotsky stated that the move is part of a strategy to diversify funding sources and increase business stability.
In the first half of 2026, Cloud.ru reported total revenue of 37.6 ₽ billion, a 2% year-on-year increase. EBITDA reached 27.5 ₽ billion with a 73% margin, while net profit stood at 6 ₽ billion with a 16% margin. As of June 30, 2026, the net debt to EBITDA LTM ratio was 0.35x.
