Segezha looks to green bond and possible IPO for funding

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By Sam Kerr
29 Mar 2021

Segezha Group, the Russian paper and pulp company, is exploring a number of capital markets options to help finance growth. These include a green bond and a potential IPO, Rovshan Aliyev, vice-president of finance, tells GlobalCapital.

The company, which is a subsidiary of Russian diversified holding company Sistema, has done well during the Covid-19 pandemic and grew revenues by 17.9% year-on-year in 2020 to Rb69bn ($0.91bn).

The company is exploring a number of growth projects which it hopes to fund through the capital markets.

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