Segezha Group completes placement of additional share issue

Segezha Group has completed an additional share issue in favor of Sistema and a number of external investors, including lending banks. Company raised ₽113 bln, which will be used to reduce its debt load. Debt will be reduced by 3 times to ₽60 billion, which will significantly reduce interest payments. Effect of the transaction will be reflected in the 2H 2025 financial statements.