Selectel, an IT infrastructure provider, has successfully closed the order book for two bond issues on the Moscow Exchange. Due to strong investor interest, the total offering size was doubled to 10 ₽ billion. The company plans to use the proceeds to fund its investment program and scale operations in the growing cloud market.
The first issue, series 001P-09R, totals 8 ₽ billion with a floating coupon rate set at the Bank of Russia key rate plus 2 percentage points. The second issue, series 001P-10R, totals 2 ₽ billion with a fixed coupon rate of 16.25% per annum. Both series have a maturity of 3.5 years, or 1,260 days, with monthly coupon payments.
The bonds feature an amortization schedule: 40% of the nominal value will be repaid after two years, with the remaining 60% due at the end of the term. The order book was oversubscribed by more than 2.5 times during the October 6, 2026, subscription period. Technical placement and the start of trading are scheduled for October 13, 2026.
CEO Oleg Lyubimov stated that the dual-structure offering allowed the company to adapt to current market conditions. The high demand from investors enabled Selectel to increase the total volume of the placement to support its long-term business growth strategy.
