Sistema PJSFC: Sistema closes order book on RUB 10 bn series 001P-14 exchange-traded bonds

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: [phone] Phone: [phone] 
 
    [e-mail]        [e-mail] 
 
ISIN:          US48122U2042 
Category Code: MSCM 
TIDM:          SSA 
LEI Code:      213800JSZ2UUK4QQK694 
Sequence No.:  76275 
EQS News ID:   1095715 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f1efd490ef237092d4033512d119fe99&application_id=1095715&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 16, 2020 11:30 ET (15:30 GMT)