Sistema PJSFC (SSA)
Sistema PJSFC: Sistema closes order book on RUB 10 bn series 001P-14
exchange-traded bonds
16-Jul-2020 / 18:30 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-14 exchange-traded bonds
Moscow, 16 July 2020 - 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-14 bonds. Based on the results of the book-building, the coupon
was set at 6.35%.
The nominal value per bond is RUB 1,000. Term to maturity is 10 years from
the date of placement. The coupon period is 91 days. There is a put option
in 2.75 years. The securities meet the requirements for inclusion in the
First Level of listing at the Moscow Exchange. Additionally, the company
closed the order book for the repurchase of its series 001P-06 bonds in the
amount of RUB 4.4 bn and series 001P-09 bonds in the amount of RUB 6.2 bn.
Vladimir Travkov, Sistema Vice President for Finance, said:
"The repurchase tender offers for two outstanding bond series and the new
placement were completed as part of Sistema's strategy to optimise its debt
portfolio, supported by a stronger financial position and improved market
conditions".
VTB Capital, Gazprombank, IFC Solid, MKB, MTS Bank, BCS Global Markets acted
as lead arrangers of the placement. Gazprombank was the placement agent.
***
Sistema PJSFC is a Russian publicly-traded diversified holding company
serving over 150 million customers in the sectors of telecommunications,
high technology, banking, retail, timber processing, agriculture, real
estate, tourism and healthcare services. The company was founded in 1993.
Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn
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: US48122U2XXX
Category Code: MSCM
TIDM: SSA
LEI Code: 213800JSZ2UUK4QQK694
Sequence No.: 76275
EQS News ID: 1095715
End of Announcement EQS News Service
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(END) Dow Jones Newswires
July 16, 2020 11:30 ET (15:30 GMT)
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