Sistema PJSFC (SSA)
Sistema PJSFC: Sistema closes order book on RUB 10 bn series 001P-12
exchange-traded bonds
25-Oct-2019 / 18:15 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Sistema closes order book on RUB 10 bn series 001P-12 exchange-traded bonds
Moscow, 25 October 2019 - Sistema PJSFC ("Sistema" or "the Corporation")
(LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding
company, announces the successful completion of book-building for its RUB 10
bn series 001P-12 bonds. Based on the results of the book-building, the
coupon was set at 7.85%.
The nominal value per bond is RUB 1,000. Term to maturity is 10 years from
the date of placement. The coupon period is 182 days. The put option is in
five years.
Market demand for the placement was strong at around RUB 20 billion. Leading
Russian state and private banks, investment and management companies as well
as brokers and retail investors participated in the placement.
Vladimir Travkov, Sistema Vice President and Chief Financial Officer, said:
"This is the fourth time in 2019 that Sistema has successfully tapped local
public debt markets. We see strong demand for our debt securities from a
wide pool of investors. The funds raised from the placement will be used to
refinance our existing debt portfolio."
Alfa-Bank, BCS Global Markets, VTB Capital, Gazprombank, MTS Bank, Otkritie
Bank, Promsvyazbank, Sberbank CIB, Sovcombank and IFC Solid acted as lead
arrangers of the placement. Alfa-Bank was the placement agent.
***
Sistema is a publicly-traded diversified Russian holding company serving
over 150 million customers in the sectors of telecommunications, high
technology, financial services, retail, paper and packaging, agriculture,
real estate, tourism and medical services. The company was founded in 1993.
Revenue in 2018 was RUB 777.4 bn; total assets equalled RUB 1.5 trn as of 31
December 2018. Sistema's global depositary receipts are listed under the
"SSA" ticker on the London Stock Exchange. Sistema's ordinary shares are
listed under the "AFKS" ticker on the Moscow Exchange. Website:
www.sistema.com [1].
***
For further information, please visit www.sistema.com [1] or contact:
Investor Relations Public Relations
Nikolai Minashin Sergey Kopytov
Tel: +7 (495) 730 66 00 Tel.: +7 (495) 228 15 32
n.minashin@sistema.ru kopytov@sistema.ru
ISIN: US48122U2042
Category Code: MSCH
TIDM: SSA
LEI Code: 213800JSZ2UUK4QQK694
Sequence No.: 25222
EQS News ID: 897599
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f1efd490ef237092d4033512d119fe99&application_id=897599&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 25, 2019 11:15 ET (15:15 GMT)
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