News

Credit Rating Given to Setl Group by S&P Global Ratings Remains at B+ level, with “Stable” Outlook

The S&P Global Ratings agency has left unchanged the credit rating of the Setl Group holding company at the B+ level. The rating change outlook is "Stable". Currently, the B+ international rating remains S&P Global Ratings’ highest public rating in Russia for development companies.

2019 june 27

Setl Group Building a New School in Kudrovo

The construction of a school for 1100 children has started in the London quarter in Kudrovo. The Setl Group holding company will erect at its own expense a modern building next to the houses at 3 Angliyskaya Street. It is expected that the construction will be completed in Q3 2021.

 

2019 june 18

Setl Group Started Building 9th Stage of Clear Sky RE

Setl Group has proceeded to build a new house in the Clear Sky residential estate. The ninth stage has all advantages of a project being constructed in a vibrant habitable neighborhood, however located deep in a quiet quarter.

2019 june 17

ACRA Rating Agency Raised Setl Group’s Credit Rating

On June 13, 2019 ACRA national credit agency raised the credit rating of the Setl Group Holding to A-(RU), forecast: Stable. Currently, this is the maximum ACRA public credit rating ever assigned to a Russian company in the Construction and Real Estate sector. ACRA also assigned the A- (RU) credit rating to the issue of Setl Group’s exchange-traded interest bearing certified bonds (RU000A0ZYEQ9).

2019 june 13

Setl Group and Sberbank Signed a 100 Billion Rubles Cooperation Agreement

On June 7, in the wings of the St. Petersburg International Economic Forum, the Setl Group Holding and PAO Sberbank entered into a strategic partnership agreement. The document provides for the Bank’s intention to participate in the Holding’s business as financial partner, and credit its current and future projects to an amount of up to 100 billion rubles.

2019 june 07

Setl Group Built a New School in Kalininsky District

Setl Group commissioned an up-to-date general education school in Kalininsky District of St. Petersburg. The spacious building for 825 schoolchildren has four floors and two swimming pools, a larger and a smaller one. The school was built within the Polyustrovo Park residential area. On September 1, 2019 it will fling its doors wide open, so that the children could start the school year in a new, completely outfitted building.

2019 june 04

Companies of Setl Group holding