MAGNIT PJSC (MGNT)
PJSC Magnit Announces the Approval of the Terms and Conditions of the
Exchange-Traded Bonds Issuance
22-Oct-2019 / 19:05 MSK
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solicitation of an offer to purchase or subscribe for, the securities to any
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to whom or in which such offer or solicitation is unlawful. The Secutities may
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Press Release | Krasnodar | October 22, 2019
PJSC Magnit Announces the Approval of the Terms and Conditions of the
Exchange-Traded Bonds Issuance
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Krasnodar, Russia (October 22, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer;
Company; Group), one of Russia's leading retailers, announces the approval of
the Terms and Conditions of the exchange-traded bonds issuance of the
BO-003P-04 series.
On October 22, 2019 the sole executive body of the Issuer - the Chief
Executive Officer - made a decision to approve the Terms and Conditions of the
exchange-traded bonds issuance under the Program of the exchange-traded bonds
(hereinafter - the Program).
Type of securities: Non-convertible interest-bearing
certified exchange-traded bonds
of the BO-003P-04 series to the
bearer with the obligatory
centralized custody, placed under
the Program of the
exchange-traded bonds of the 003P
series with the identification
number of 4-60525-P-003?-02? as
of 30.01.2018 assigned by Moscow
Exchange (hereinafter - the
Exchange-traded bonds)
The number of securities to 10,000,000 (Ten million) bonds
be placed:
Nominal value: 1,000 (One thousand) rubles each
Maturity term: 910th (Nine hundred tenth) day
from the commencing date of the
Exchange-traded bonds placement.
Placement method: open subscription
The securities prospectus has been provided to the Stock Exchange at the stage
of identification number assignment to the Program.
The securities placement price or the procedure of its determination:
The placement price of the Exchange-traded bonds is fixed in the amount of
1,000 (One thousand) rubles for 1 (One) Exchange-traded bond (100% of the
nominal value).
From the second day of the Exchange-traded bonds placement within the
settlement of the sale and purchase transaction the buyer shall also pay the
accumulated coupon yield against the Exchange-traded bonds calculated using
the formula specified in clause 18 of the Program.
The securities placement term or the procedure of its determination:
The commencing date of the Exchange-traded bonds placement is determined by
the Issuer's sole executive body.
Other information on the commencing date determination procedure is stipulated
in clause 8.2 of the Program.
The completion date of the Exchange-traded bonds placement is the earliest of
the following dates:
a) the 3rd (Third) business day from the commencing date of the
Exchange-traded bonds placement;
b) the date of placement of the last Exchange-traded bond.
The Exchange-traded bonds issuance is not supposed to be placed in tranches.
For further information, please contact:
Dmitry Kovalenko Dina Chistyak Media Inquiries
Director for Investor Relations Director for Investor Relations Media
Relations Department
Email: dmitry_kovalenko@magnit.ru Email: dina_chistyak@magnit.ru Email:
press@magnit.ru
Office: +7 (861) 210-48-80 Office: +7 (861) 210-9810 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: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 24290
EQS News ID: 894425
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 22, 2019 12:05 ET (16:05 GMT)
