Sistema PJSFC (SSA)
Sistema PJSFC: Sistema closes order book on RUB 15 bn series 001P-13
exchange-traded bonds
21-May-2020 / 21:05 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 15 bn series 001P-13 exchange-traded bonds
Moscow, 21 May 2020 - Sistema PJSFC ("Sistema" or "the Corporation") (LSE:
SSA, MOEX: AFKS), a publicly traded diversified Russian holding company,
announces the closing of the order book on RUB 15 bn series 001P-13 bonds.
Based on the results of the book-building, the semi-annual coupon rate was
set at 6.60% per annum. 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. There is a put option in four years.
Leading Russian state-owned 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:
"Despite the challenging environment on the capital markets, Sistema has
conducted another successful bond placement in the amount of RUB 15 bn with
a coupon rate of 6.60%. Market demand for the placement exceeded RUB 20 bn.
The funds raised from the placement will be used for refinancing and
optimisation of our existing debt portfolio."
Alfa-Bank, BCS Global Markets, VTB Capital, Gazprombank, Credit Bank of
Moscow, MTS Bank, Otkritie Bank, Russian Agricultural Bank, Sberbank,
Sovcombank and IFC Solid acted as lead arrangers of the placement.
Gazprombank was the placement agent.
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Sistema PJSFC is a publicly traded diversified Russian holding company
serving over 150 million customers in the sectors of telecommunications,
high technology, banking, retail, timber processing, agriculture, real
estate, tourism and medical services. The company was founded in 1993.
Revenue in 2019 reached RUB 656.9 bn; total assets equalled RUB 1.3 tn as of
31 December 2019. 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 Moscow Exchange. Website: www.sistema.ru
[1]
***
For further information, please visit www.sistema.com [1] or contact:
IR Service Press Service
Nikolay Minashin Sergey Kopytov
Phone: +7 (495) 730 66 00 Phone: +7 (495) 228 15 32
n.minashin@sistema.ru kopytov@sistema.ru
ISIN: US48122U2042
Category Code: MSCM
TIDM: SSA
LEI Code: 213800JSZ2UUK4QQK694
Sequence No.: 65375
EQS News ID: 1053133
End of Announcement EQS News Service
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(END) Dow Jones Newswires
May 21, 2020 14:05 ET (18:05 GMT)
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