Setl Group Increased Bonds Placement Amount to 5 Billion Rubles
Due to the high demand according to the bookbuilding, the Setl Group holding increased the placement amount for the 001Р-02 bonds from 3 billion to 5 billion rubles, setting the rate of the 1st coupon at 10.75% per annum.
2019 july 16
Setl Group Completes Emergency Work in Vege’s Mansion
The Setl Group holding company has completed the priority and emergency work in G.I. Vege’s mansion at 38, Oktyabrskaya Embankment. Temporary roofing has appeared in the building to protect it from rain and wind, while the balconies and the canopy have been reinforced with bar support structures. The restorers have also covered the gypsum caryatids with special protective boxes.
2019 july 12
Setl Group Builds a New Section of Komendantsky Avenue
Setl Group has built a modern six-lane highway with traffic lights, markings, signs and bicycle paths in Primorsky District. Road traffic has already begun on the new section of Komendantsky Avenue from Glukharskaya Street to the Kamenka River. All construction work was done and the design and detailed documentation was prepared by the Setl Group holding company.
2019 july 11
Setl Group Starts Building the 8-storey Stage of the Solnechny Gorod (Sun City) Residential Estate
Setl Group has started the construction of the tenth stage of the Sun City residential estate, consisting of seven buildings with a total height of 8 floors with bright façades and cozy courtyards. Commissioning of the stage is expected in Q2 2021.
2019 july 10
Setl Group Builds a School with Two Swimming Pools in Krasnogvardeysky District
The Setl Group holding company has built a modern comprehensive school for 450 pupils in Krasnogvardeysky District, in the courtyard of the ZimaLeto residential estate. In the new building, two swimming pools, classrooms and creative work rooms are ready for students, and in the courtyard there is a large sports area with a soccer field. The first bell is expected to ring in the new building on September 1.
2019 june 28
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
Companies of Setl Group holding