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MAGNIT PJSC: RAEX Rating Agency (Expert RA) assigned credit rating to the exchange-traded bonds of PJSC Magnit

MAGNIT PJSC (MGNT) 
MAGNIT PJSC: RAEX Rating Agency (Expert RA) assigned credit rating to the 
exchange-traded bonds of PJSC 'Magnit' 
 
27-Jun-2019 / 11:56 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
         This announcement is not for publication or distribution, directly or 
     indirectly, in or into the United States, Australia, Canada, Japan or any 
   other jurisdiction in which offers or sales would be prohibited by law. The 
         distribution of this announcement may be restricted by law in certain 
         jurisdictions and persons into whose possession any document or other 
       information referred to herein comes should inform themselves about and 
   observe any such restriction. Any failure to comply with these restrictions 
   may constitute a violation of the securities laws of any such jurisdiction. 
 
          This announcement does not contain or constitute an offer of, or the 
  solicitation of an offer to purchase or subscribe for, the securities to any 
person in the United States, Australia, Canada or Japan or in any jurisdiction 
to whom or in which such offer or solicitation is unlawful. The Securities may 
    not be offered or sold in the United States unless registered under the US 
Securities Act or offered in a transaction exempt from, or not subject to, the 
 registration requirements of the US Securities Act. The offer and sale of the 
   Securities referred to herein has not been and will not be registered under 
   the US Securities Act or under the applicable securities laws of Australia, 
    Canada or Japan. Subject to certain exceptions, the Securities referred to 
 herein may not be offered or sold in Australia, Canada or Japan or to, or for 
    the account or benefit of, any national, resident or citizen of Australia, 
Canada or Japan. There will be no public offer of the Securities in the United 
               States, Australia, Canada or Japan or elsewhere. 
 
   Members of the general public are not eligible to take part in the sale. In 
 member states of the European Economic Area ("EEA") (each, a "Relevant Member 
     State"), this announcement and any offer if made subsequently is sent and 
addressed to and directed only at persons who are "qualified investors" within 
    the meaning of the Prospectus Directive ("Qualified Investors"). For these 
    purposes, the expression "Prospectus Directive" means Directive 2003/71/EC 
       (and amendments thereto, including the 2010 PD Amending Directive), and 
   includes any relevant implementing measure in the Relevant Member State and 
the expression "2010 PD Amending Directive" means Directive 2010/73/EU. In the 
      United Kingdom this announcement is sent and distributed to and directed 
    exclusively at Qualified Investors (i) who have professional experience in 
 matters relating to investments falling within Article 19(5) of the Financial 
    Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended 
(the "Order") or (ii) who fall within Article 49(2)(A) to (D) of the Order, or 
   (iii) to whom it may otherwise lawfully be communicated, and the Securities 
          will only be available to, and any investment activity to which this 
 announcement relates will only be engaged in with, such persons and it should 
               not be relied on by anyone other than such persons. 
 
  THIS ANNOUNCEMENT AND MATERIALS CONTAINED IN IT ARE PROVIDED EXCLUSIVELY FOR 
    INFORMATION AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION TO 
          ACQUIRE OR DISPOSE SECURITIES IN ANY JURISDICTION INCLUDING THE USA, 
               AUSTRALIA, CANADA AND JAPAN. 
 
Press Release | Krasnodar | June 27, 2019 
 
RAEX Rating Agency (Expert RA) assigned credit rating to the exchange-traded 
bonds of PJSC "Magnit" 
****************************************************************************** 
********************* 
 
Krasnodar, Russia (June 27, 2019): PJSC "Magnit"(MOEX and LSE: MGNT) (the 
"Company"), one of Russia's leading retailers, announces the assignment of the 
credit rating by RAEX Rating Agency (Expert RA) to the exchange-traded bonds 
of PJSC "Magnit". 
 
Please note that on June 27, 2019 RAEX Rating Agency (Expert RA) assigned 
credit rating ruAA- to the exchange-traded bonds of PJSC "Magnit". 
 
          Type of securities:  Non-convertible interest-bearing 
                                certified exchange-traded bonds 
                                        of PJSC "Magnit" of the 
                                BO-003P-03 series to the bearer 
                                with the obligatory centralized 
                              custody, placed under the Program 
                              of the exchange-traded bonds with 
                                   the identification number of 
                                       4-60525-P-003P-02E as of 
                                        30.01.2018, bonds issue 
                                          identification number 
                                        4B02-02-60525-?-003P as 
                                 25.06.2019, ISIN: RU000A100H02 
                                    (the Exchange-traded bonds) 
        Identification number           4B02-03-60525-P-003P of 
assigned to the issue and the                        25.06.2019 
          date of assignment: 
 
The information on the rating assignment methodology by Rating Agency Expert 
RA Is available on the website https://raexpert.ru/ratings/methods/current [1] 
 
For further information, please contact: 
 
Dmitry Kovalenko 
 
Director for Investor Relations 
 
Email: dmitry_kovalenko@magnit.ru 
 
Office: +7 (861) 210-48-80 
 
Dina Chistyak 
 
Director for Investor Relations 
 
Email: dina_chistyak@magnit.ru 
 
Office: +7 (861) 210-9810 x 15101 
 
Media Inquiries 
 
Media Relations Department 
 
Email: press@magnit.ru 
 
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 March 31, 2019, Magnit operated 38 distribution centres and 
19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) 
         in 3,077 cities and towns throughout 7 federal regions of the Russian 
               Federation. 
 
  In accordance with the audited IFRS results for 2018, Magnit had revenues of 
  RUB 1,237 billion and an EBITDA of RUB 90 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.:   11559 
EQS News ID:    832089 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=75ca118ded0cc532b33e2f9c25cd6a2f&application_id=832089&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

June 27, 2019 04:56 ET (08:56 GMT)

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