MAGNIT PJSC: Magnit Announces the Coupon Yield Payment and the Redemption of Bonds

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MAGNIT PJSC (MGNT) 
MAGNIT PJSC: Magnit Announces the Coupon Yield Payment and the Redemption of 
Bonds 
 
28-Dec-2017 / 16:27 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 
 
December 28, 2017 
 
       Magnit Announces the Coupon Yield Payment and the Redemption of Bonds 
 
Krasnodar, December 28, 2017: Magnit PJSC, one of Russia's leading retailers 
 (the "Company"; MOEX and LSE: MGNT), announces the 3rd coupon yield payment 
    against bonds and the redemption of the nominal value of exchange-traded 
             bonds. 
 
    Please be informed that on December 28, 2017 PJSC "Magnit" fulfilled its 
   obligation of the third coupon redemption against bonds of the BO-001P-04 
series in the amount of 498,600,000 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-04 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) 
                                                   RU000A0JWML1 
 
 Identification number of the   4B02-04-60525-P-001P as of June 
securities issue and the date                          30, 2016 
           of its assignment: 
    Reporting (coupon) period           The third coupon period 
 which the yield is paid for:           (29.06.2017-28.12.2017) 
 
      The total amount of the     498,600,000 (Four hundred and 
  interest to be paid against  ninety eight million six hundred 
                       bonds:    thousand) rubles excluding tax 
                                           and other deductions 
 
The amount of the interest to       49.86 (Forty nine rubles 86 
    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:                 December 27, 2017 
 
   The date of the obligation                 December 28, 2017 
                 fulfillment: 
 
      The total amount of the   Following the 3rd coupon period 
  interest paid against bonds      the amount of 498,600,000.00 
      following the reporting    (Four hundred and ninety eight 
                      period:     million six 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 June 28, 2016 
                               (Decision w/o No. as of June 28, 
                                                          2016) 
 
The date of bonds redemption:                 December 28, 2017 
 
             For further information, please contact: 
 
   Timothy Post          Head of Investor Relations 
 
                              Email: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
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 September 30, 2017, Magnit operated 36 distribution 
   centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 
  drogerie stores) in 2,664 cities and towns throughout 7 federal regions of 
             the Russian Federation. 
 
  In accordance with the reviewed IFRS consolidated financial statements for 
     1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 
     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.:   5063 
 
End of Announcement EQS News Service 
 
642155 28-Dec-2017 
 
 

(END) Dow Jones Newswires

December 28, 2017 10:28 ET (15:28 GMT)