Airplane bonds fell on news of possible transfer of control // Airplane bonds fell by 11% due to possible transfer of control

Bonds "Airplane" at the auction of the Moscow Exchange on September 17 fell in the range from 0.2% to 11.6%. So debt securities reacted to Kommersant's information that Sberbank can get a part of the developer's business into management.

The most noticeable drop was demonstrated by the release of the "Aircraft 2P3" with a maturity in September 2029. At the minimum, the securities lost 11.6% and traded at the level of 790 rubles. per piece. As of 17:11, bonds fell by 8.34% to 819.5 rubles per paper. In total, the "Airplane" has 15 bond issues totaling 104.9 billion rubles.

According to one of the sources of Kommersant in the real estate market, the transfer of part of the business of “Airplane” to “Scall” can occur during the restructuring of the company’s debts to creditors. Another interlocutor claims that among the options discussed is the entry of Sberbank into the capital of the developer’s “daughters” who build residential complexes at the expense of project financing from the state bank. The parties did not request comment on this.