Santa Retail, the operator of the Santa retail chain, plans to raise 85 million rubles through bonds that will be placed among Belarusian banks as part of a closed sale.
According to the prospectus published on the Unified Financial Register, a total of 8,500 securities are planned for issuance, each with a nominal value of 10,000 rubles.
The maturity period of the bonds is 1,855 days, with redemption scheduled for 30 December 2030. The bonds will carry a yield set at the refinancing rate of the National Bank, which currently stands at 9.75 percent per annum.
Potential buyers of the bonds include Alfa-Bank, Belarusbank, Sber Bank, Belvnesheconombank, Belinvestbank, Belgazprombank, VTB Bank (Belarus), and Priorbank.
According to the prospectus, Santa Retail is owned by two legal entities: Santa Bremor (holding 89.77 percent) and Santa Impex (holding 10.23 percent). The beneficial owner of the issuer, Santa Retail, is listed as Alyaksandr Moshenski with a 100 percent stake.
The chain includes 268 stores and retail outlets, among them 3 Santa&Fish, 14 Santa&Cash, 12 Santa Mini, and 239 Santa locations. The largest number of outlets is in Minsk and Minsk Region, where 104 stores are located. Brest and Brest Region follow with 77 stores.
In 2026–2028, the company plans to actively open new stores in Belarus — 30 per year. During this period, total retail space is expected to grow by 16 percent to 384.55 thousand square metres, and sales floor space by 22 percent to 152.16 thousand square metres. More than 120 million rubles are planned for investment in new retail facilities, which are expected to increase monthly turnover by 37 million rubles.
The company projects that by 2028 its revenue will reach 4.05 billion rubles, with net profit rising to 87.17 million rubles.
Santa Retail’s revenue for the first nine months of this year grew by 14 percent to 1.94 billion rubles, while its net profit amounted to 43.07 million rubles, a decrease of 37.6 percent.