Investors purchased 100% of the issue of bonds issued on the Moscow Stock Exchange on December 28, 2024.

The placed volume amounted to 2.5 bln rub. The bonds have a maturity of five years and a coupon rate of 33% per annum payable monthly. There is a call offer at the end of the third and fourth years of circulation.

The company will allocate funds to scale up its activities in the field of wholesale supplies of oil and petroleum products to foreign and domestic Russian markets, diversify its business and strengthen the logistics sector.

«We appreciate investors' confidence in us. Over 2024, Oil Resource Group has significantly expanded its presence in the wholesale oil and petroleum products market by increasing working capital and implementing a capital investment plan. The company increased its fleet of gasoline tankers to 50 units. Capital investments had an effect on margin increase due to lower costs of outsourcing transportation of petroleum products to customers. We plan to continue developing as actively»

— said Semyon Garagul, General Director of Kirillitsa JSC (managing company of Oil Resource Group LLC).

Oil Resource Group LLC is a part of Kirillitsa group of companies, has been operating in the market of wholesale supplies of oil and petroleum products for more than 10 years, successfully cooperating with 14 Russian refineries. The volume of supplies in 2024 exceeded 520,000 tons.