Bond Financing
- VIS Group uses a variety of instruments to finance infrastructure projects. One of them is capital market activities. The holding was the first in Russia to issue securities under a non-concession PPP project for the amount of RUB 4 billion, as well as the first in the country to place social bonds for RUB 5.57 billion. The program of exchange-traded bonds of VIS Group in the amount of RUB 30 billion was also registered on the Moscow Exchange.
- In 2024, a debut issuance of digital financial assets (DFAs) was made. This step created new opportunities to diversify the sources of project financing and attract investors interested in innovative products.
- Stability of financial and economic activities, efficiency of business management of VIS Group are highly appreciated by experts of one of the leading rating agencies of the country – Expert RA – at ruA+ levels. The outlook on the rating is stable.
The securities were issued to refinance the funds raised for the implementation of the PPP project in Yamal. In early October 2017, the first placement of BO-01 series exchange-traded bonds worth RUB 1.7 billion was completed. On December 21, 2017, the second placement for RUB 2.3 billion was completed. RAEX rating agency (Expert RA) assigned the debt instruments a high reliability rating of ruAA.
In 2020, VIS Group issued the country's first social bonds worth RUB 5.57 billion. This is the first bond issue that has undergone independent verification for compliance with the International Capital Markets Association's (ICMA) Social Bond Principles (SBP). The securities are included in the Sustainable Development Sector of the Moscow Exchange. This sector comprises issuers with targeted investments attracted on the public market as part of the implementation of projects of high social significance. The bonds were issued as part of VIS Group's PPP project for the establishment of a new network of educational and cultural institutions in Yakutsk and its suburbs.
Entry into the public capital market
The debut issue of VIS Group's exchange-traded bonds under the registered program on the Moscow Exchange was made in October 2020. Issuer—VIS Finance LLC, guarantor—the parent company of the holding, the VIS Group (JSC).
Digital financial assets (DFAs)
In 2024, the VIS Group decided to issue digital financial assets. For the holding, DFAs also constitute one of the instruments for financing infrastructure projects and provide an alternative to traditional bank loans.
