MAGNIT PJSC: PJSC Magnit Announces Affirmation of its Rating at 'BB' level by S&P Global Ratings

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MAGNIT PJSC (MGNT) 
PJSC 'Magnit' Announces Affirmation of its Rating at 'BB' level by S&P Global 
Ratings 
 
15-Jan-2019 / 09:56 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press Release | Krasnodar | January 15, 2019 
 
PJSC "Magnit" Announces Affirmation of its Rating at "BB" level by S&P Global 
Ratings 
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Krasnodar, Russia (January 15, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer; 
Company; Group), one of Russia's leading retailers, announces the affirmation 
of its rating at "BB" level by S&P Global Ratings. 
 
   Please be informed that on January 14, 2019 S&P Global Ratings has affirmed 
                                 the rating of Magnit at "BB"; Stable outlook. 
 
For further information, please contact 
 
Petr Molchanov Alisa Kvadzba Media Inquiries 
 
Chief Investment Officer IR manager Media Relations Department 
 
Email: [e-mail] Email: [e-mail] Email: [e-mail] 
 
Office: [phone] x 45000 Office: [phone] x 17601 
 
Note to editors: 
 
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, 2018, Magnit operated 37 distribution centers 
and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172 drogerie 
stores) in 2,866 cities and towns throughout 7 federal regions of the Russian 
Federation. 
 
In accordance with the reviewed IFRS consolidated financial statements for 1H 
2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 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. 
 
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.:   7165 
EQS News ID:    766061 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

January 15, 2019 01:56 ET (06:56 GMT)