Analytical Credit Rating Agency assigned credit rating AA (RU) to PJSC Magnit and its securities

MAGNIT PJSC (MGNT) 
Analytical Credit Rating Agency assigned credit rating AA (RU) to PJSC 
'Magnit' and its securities 
 
23-Sep-2019 / 18:21 MSK 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press-Release | Krasnodar | September 23, 2019 
 
      Analytical Credit Rating Agency assigned credit rating AA (RU) to PJSC 
                                                 "Magnit" and its securities 
 
           Krasnodar, September 23, 2019: PJSC "Magnit" (MOEX and LSE: MGNT; 
        hereinafter - the "Company" or the "Group"), one of Russia's leading 
      retailers, announces the assignment of the credit rating by Analytical 
                     Credit Rating Agency (Joint Stock Company), ACRA (JSC). 
 
      Please note that on September 23, 2019 Analytical Credit Rating Agency 
  (ACRA) assigned credit rating ?? (RU) to PJSC "Magnit". The rating outlook 
                                                                  is Stable. 
 
       Credit rating ?? (RU) was also assigned to the following bond issues: 
 
  - non-convertible interest-bearing certified exchange-traded bonds of PJSC 
      Magnit" of B?-003?-01 series to bearer with the obligatory centralized 
         custody, placed under the Program of the Exchange-traded bonds with 
   identification number 4-60525-?-003P-02E as of 30.01.2018, identification 
    number of the issue 4B02-01-60525-P-003P as of 01.02.2019, International 
                       Securities Identification Number (ISIN) RU000A1002U4; 
 
  - non-convertible interest-bearing certified exchange-traded bonds of PJSC 
      Magnit" of B?-003?-02 series to bearer with the obligatory centralized 
         custody, placed under the Program of the Exchange-traded bonds with 
   identification number 4-60525-?-003P-02E as of 30.01.2018, identification 
    number of the issue 4B02-02-60525-P-003P as of 21.02.2019, International 
                       Securities Identification Number (ISIN) RU000A1004G9; 
 
  - non-convertible interest-bearing certified exchange-traded bonds of PJSC 
      Magnit" of B?-003?-03 series to bearer with the obligatory centralized 
         custody, placed under the Program of the Exchange-traded bonds with 
   identification number 4-60525-?-003P-02E as of 30.01.2018, identification 
    number of the issue 4B02-03-60525-P-003P as of 25.06.2019, International 
                       Securities Identification Number (ISIN) RU000A100H02. 
 
       The information on the methodology of assignment of credit ratings to 
  non-financial companies according to the Russian Federation national scale 
   is available on the website: https://www.acra-ratings.ru/criteria/115 [1] 
 
      The methodology of assignment of credit ratings to issues of financial 
 instruments according to the Russian Federation national scale is available 
                    on the website: https://www.acra-ratings.ru/criteria/381 
 
Please follow the link below to view the press release of ACRA: 
 
https://www.acra-ratings.com/press-releases/1410 [2] 
 
For further information, please contact: 
 
Dmitry Kovalenko Dina Chistyak Media Inquiries 
 
Director for Investor Relations Director for Investor Relations Media 
Relations Department 
 
Email: [e-mail] Email: [e-mail] Email: 
[e-mail] 
 
Office: [phone] Office: [phone] x 15101 
 
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 June 30, 2019, Magnit operated 38 distribution centers 
  and 19,884 stores (14,231 convenience, 466 supermarkets and 5,187 drogerie 
       stores) in 3,354 cities and towns throughout 7 federal regions of the 
                                                         Russian Federation. 
 
        In accordance with the reviewed IFRS results for 1H 2019, Magnit had 
 revenues of RUB 658 billion and an EBITDA of RUB 43 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: 2.2. Inside information 
Sequence No.:   21015 
EQS News ID:    878397 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=711d0e9aef84cf72485fc4b6e579f7e2&application_id=878397&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1393dd13c338ddcac7921bd21e6a9c04&application_id=878397&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

September 23, 2019 11:21 ET (15:21 GMT)