VK expects to reduce its debt load almost twofold as a result of the additional issue, VK Investor Relations Director Anna Retivova said on the air of the program Markets.Outcomes on the RBC TV channel. Money from the additional issue will be used to repay the most expensive part of the debt. Remaining part of the debt will be inexpensive to service and with a very comfortable repayment schedule for the company. With the additional issue, the company plans to raise up to ₽115 billion. VK's net debt at the end of 2024 amounted to ₽174 billion.