Wildberries placed an issue of digital financial assets (DFA) worth 3 billion rubles on the platform of the Moscow Stock Exchange. This is stated in a message from the press service of the trading platform.

Wildberries placed a DFA issue worth 3 billion rubles on the platform of the Moscow Stock Exchange

Subscribe to RB.RU on Telegram

The maturity period will be 60 days, the interest rate corresponds to the level of the key rate of the Central Bank + 1% per year.

As Irina Matachunas, financial director of the market, explained, this is the company’s first DFA issuance to attract financing.

Wildberries will use the proceeds to expand its business in remote regions of Russia, such as Siberia and the Far East.

Since August 2023, the Moscow Exchange has been included in the DFA register of exchange operators. And in March of this year, the Central Bank included the St. Petersburg Stock Exchange in the register.

Author:

Natalia Gormaleva

Source: RB

Previous articleMKPAO “Yandex” became the parent company of the “Yandex” group
Next articleMicrosoft began disconnecting Russian companies from its cloud products
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here