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 
 
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: [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 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)