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MAGNIT PJSC (MGNT)
MAGNIT PJSC: Magnit Announces the Coupon Yield Payment and the Redemption of
Bonds
26-Feb-2018 / 16:51 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press Release
Krasnodar
February 26, 2018
Magnit Announces the Coupon Yield Payment and the Redemption of Bonds
Krasnodar, February 26, 2018: Magnit PJSC, one of Russia's leading retailers
(the "Company"; MOEX and LSE: MGNT), announces the 4th coupon yield payment
against bonds and the redemption of the nominal value of exchange-traded
bonds.
Please be informed that on February 26, 2018 PJSC "Magnit" fulfilled its
obligation of the fourth coupon redemption against bonds of the BO-001P-02
series in the amount of 558,500,000 rubles and the redemption of the nominal
value of exchange-traded bonds.
Parameters of the bond issue:
Type of securities: Non-convertible interest-bearing
certified exchange-traded bonds
of PJSC "Magnit" of the
BO-001P-02 series to the bearer
with the obligatory centralized
custody, placed under the Program
of the exchange-traded bonds with
the identification number
4-60525-P-001P-02E of 23.10.2015,
International Securities
Identification Number (ISIN)
RU000A0JW662
Identification number of the 4B02-02-60525-P-001P as of
securities issue and the date February 24, 2016
of its assignment:
Reporting (coupon) period The fourth coupon period
which the yield is paid for: (28.08.2017-26.02.2018)
The total amount of the 558,500,000 (Five hundred and
interest to be paid against fifty eight million five hundred
bonds: thousand) rubles excluding tax
and other deductions
The amount of the interest to 55.85 (Fifty five rubles 85
be paid against one bond: kopecks) rubles per each bond
The total number of bonds 10,000,000 bonds
against which the yield is
paid:
The method of payment: Monetary funds in the currency of
the Russian Federation by means
of non-cash settlement
The record date: February 22, 2018
The date of the obligation February 26, 2018
fulfillment:
The total amount of the Following the 4th coupon period
interest paid against bonds the amount of 558,500,000.00
following the reporting (Five hundred and fifty eight
period: million five hundred thousand)
rubles was paid excluding tax and
other deductions. Obligation has
been fulfilled.
The number of bonds which 10,000,000 bonds
were redeemed:
Basis for bonds redemption: Occurrence of the date of
redemption according to the
Second part of the Bonds
Resolution (Terms and Conditions
of the Exchange-Traded Bonds) of
PJSC "Magnit" approved by the
Decision of the CEO of PJSC
"Magnit" as of February 19, 2016
(Decision w/o No. as of February
19, 2016)
The date of bonds redemption: February 26, 2018
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-4554 x 15101
Media Inquiries Media Relations Department
press@magnit.ru
Company description:
Public Joint Stock Company "Magnit" is one of Russia's leading retailers.
Founded in 1994, the company is headquartered in the southern Russian city
of Krasnodar. As of December 31, 2017, Magnit operated 37 distribution
centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit
Family stores and 3,774 drogerie stores) in 2,709 cities and towns
throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2017, Magnit
had revenues of RUB 1,143 billion and an EBITDA of RUB 92 billion. Magnit's
local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on
the London Stock Exchange (LSE: MGNT) and it has a credit rating from
Standard & Poor's of BB. Measured by market capitalization, Magnit is one of
the largest retailers in Europe.
ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 5242
End of Announcement EQS News Service
657889 26-Feb-2018
(END) Dow Jones Newswires
February 26, 2018 10:52 ET (15:52 GMT)
