MAGNIT PJSC (MGNT)
PJSC Magnit Announces the Interest Rate of the Coupon Yield against the
Exchange-Traded Bonds
18-May-2020 / 19:50 MSK
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Press Release | Krasnodar | May 18, 2020
PJSC Magnit Announces the Interest Rate of the Coupon Yield against the
Exchange-Traded Bonds
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Krasnodar, Russia (May 18, 2020): Magnit PJSC (MOEX and LSE: MGNT; Issuer;
Company; Group), one of Russia's leading retailers, announces the interest
rate of coupon yield against the Exchange-traded bonds of the BO-002?-03
series.
In accordance with Decision of the Chief Executive Officer of PJSC Magnit
(Decision w/o No. of May 18, 2020), the interest rate of the 1st coupon of the
non-convertible interest-bearing certified exchange-traded bonds of PJSC
Magnit of the BO-002P-03 series with centralized accounting of rights, placed
under the Program of the exchange-traded bonds of the 002P series with the
identification number of 4-60525-P-002?-02? as of 27.07.2016 (hereinafter -
the Exchange-traded bonds) is 5.90 (Five point nine zero) % per annum, which
amounts to 29 (Twenty nine) rubles 42 kopecks per one Exchange-traded bond for
the 1st coupon period.
The interest rate of the 2nd, 3rd, 4th, 5th and 6th coupon periods is equal to
the interest rate of the 1st coupon period which amounts to 29 (Twenty nine)
rubles 42 kopecks per one Exchange-traded bond.
Reporting period which the The Exchange-traded bonds have
Exchange-traded bonds yield is 6 coupon periods. Each coupon
paid for: period lasts 182 days.
1st coupon period: from the
commencing date of the Bonds
placement to the 182nd day from
the commencing date of the
Bonds placement;
2nd coupon period: from the
182nd day from the commencing
date of the Bonds placement to
the 364th day from the
commencing date of the Bonds
placement;
3rd coupon period: from the
364th day from the commencing
date of the Bonds placement to
the 546th day from the
commencing date of the Bonds
placement;
4th coupon period: from the
546th day from the commencing
date of the Bonds placement to
the 728th day from the
commencing date of the Bonds
placement;
5th coupon period: from the
728th day from the commencing
date of the Bonds placement to
the 910th day from the
commencing date of the Bonds
placement;
6th coupon period: from the
910th day from the commencing
date of the Bonds placement to
the 1092nd day from the
commencing date of the Bonds
placement.
The number of the placed bonds has not been determined as of
the date of decision on determination of the interest rate of
the first coupon period of the Exchange-traded bonds of the
BO-002P-03 series, therefore, the total amount of yield cannot
be specified.
The number of the placed Exchange-traded bonds of the
BO-002P-03 series will be specified in the Placement terms and
conditions in accordance with the provisions of paragraph 5 of
the Program and the Federal law No. 39-FZ of April 22, 1996
"On securities market".
The amount of the accrued yield 1st coupon - 29.42 rubles;
per one Exchange-traded bond:
2nd coupon - 29.42 rubles;
3rd coupon - 29.42 rubles;
4th coupon - 29.42 rubles;
5th coupon - 29.42 rubles;
6th coupon - 29.42 rubles.
The total amount of interest to 1st coupon - 5.90 percent per
be paid against Bonds and the annum;
amount of interest to be paid
per one Exchange-traded bond:
2nd coupon - 5.90 percent per
annum;
3rd coupon - 5.90 percent per
annum;
4th coupon - 5.90 percent per
annum;
5th coupon - 5.90 percent per
annum;
6th coupon - 5.90 percent per
annum.
Method of payment: Monetary funds in the currency
of the Russian Federation by
means of non-cash settlement
The date when the obligation to 1st coupon period: the 182nd
pay the Exchange-traded bonds day from the commencing date of
yield shall be fulfilled: the Bonds placement;
2nd coupon period: the 364th
day from the commencing date of
the Bonds placement;
3rd coupon period: the 546th
day from the commencing date of
the Bonds placement;
4th coupon period: the 728th
day from the commencing date of
the Bonds placement;
5th coupon period: the 910th
day from the commencing date of
the Bonds placement;
6th coupon period: the 1092nd
day from the commencing date of
the Bonds placement.
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, 2020, Magnit operated 38 distribution centres and
20,860 stores (14,594 convenience, 472 supermarkets and 5,794 drogerie stores)
in 3,718 cities and towns throughout 7 federal regions of the Russian
Federation.
In accordance with the audited IFRS results for FY 2019, Magnit had revenues
of RUB 1,369 billion and an EBITDA of RUB 147 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.: 64516
EQS News ID: 1050131
End of Announcement EQS News Service
(END) Dow Jones Newswires
May 18, 2020 12:50 ET (16:50 GMT)
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