DJ Sistema PJSFC: Sistema PJSFC raises record funds on the bond market
Sistema PJSFC (SSA)
Sistema PJSFC: Sistema PJSFC raises record funds on the bond market
01-Dec-2020 / 19:25 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Sistema PJSFC raises record funds on the bond market
Moscow, 01 December 2020 - Sistema PJSFC (hereinafter, "Sistema" or "the
Corporation") (LSE: SSA; MOEX: AFKS), a Russian public diversified holding
company, announces the successful completion of the book-building process
for RUB 5 billion series 001?-16 bonds and RUB 14 billion series 001?-17
bonds. As a result of the book-building, the coupon rate was set at 6.10%
per annum for series 001?-16 bonds and at 6.75% per annum for series 001?-17
bonds.
The nominal value per bond is RUB 1,000. The term to maturity of each series
is 10 years from the date of placement. The coupon period for series 001?-16
bonds is 91 days with a put option in 2.25 years, and the coupon period for
series 001?-17 bonds is 182 days with a put option in 4.5 years. The
securities meet the requirements for inclusion into the Level 1 of the List
of securities admitted to trading at Moscow Exchange.
Vladimir Travkov, Sistema's Vice President for Finance, commented:
"We note a significant investor interest in both issues of
rouble-denominated bonds of a total of RUB 19 billion. Proceeds from the
placement will be used for refinancing of the debt portfolio. In 2020,
Sistema continued to implement its strategy aimed at optimising the debt
portfolio and reducing the cost of debt. As a result of our active presence
on the debt market and favorable market conditions, we have attracted more
than RUB 60 billion in total taking into account the new bond issues and
secondary placements".
AK Bars Bank, Otkritie Bank, IFC Solid, the Russian Agricultural Bank,
Sberbank CIB, Univer Capital, BCS Global Markets, MTS Bank, VTB Capital,
PromSvyazBank, Alfa Bank, Veles Capital, and RosBank acted as lead arrangers
of the issue. Otkritie Bank was the placement agent.
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 healthcare services. The company was founded in 1993.
Its revenue in 2019 reached RUB 656.9 billion; its total assets equalled RUB
1.3 trillion 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 the Moscow Exchange.
Website: www.sistema.ru [1]
***
IR Service Press Service
Nikolai 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.: 88847
EQS News ID: 1152026
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f1efd490ef237092d4033512d119fe99&application_id=1152026&site_id=vwd&application_name=news
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December 01, 2020 11:25 ET (16:25 GMT)
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