Samolet will conduct a bond buyback

Developer Samolet will spend several billion rubles in December to repurchase its bonds from the market with an offer in February 2025, the company's CEO Anna Akinshina said. Head of Samolet noted that the developer has liquidity for this purpose, as in December the developer discloses escrow accounts for ₽18 bln. Company bonds are now trading at a discount to par value of more than 40%.