Capital/Financing Update • Feb 26, 2018
Capital/Financing Update
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Press Release Krasnodar February 26, 2018
Krasnodar, February 26, 2018: Magnit PJSC, one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT), announces the 4 th coupon yield paymentagainst bondsand theredemption ofthe nominal value ofexchange-traded bonds.
Please be informed that on February 26, 2018 PJSC "Magnit" fulfilled its obligation of the fourth coupon redemption against bonds of the BO-001P-02 series in theamount of 558,500,000 rublesand theredemption ofthe nominal value ofexchange-traded bonds .
| Type ofsecurities: | Non-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-001 P 02 series to the bearer with the obligatory centralized custody, placed under the Program of the exchange traded bonds with the identification number 4-60525-P-001P-02E of 23.10.2015, International Securities Identification Number (ISIN) RU000A0JW662 |
|---|---|
| Identification number of the securities issue and the date ofits assignment: |
4B02-02-60525-P-001P as of February 24, 2016 |
| Reporting (coupon) period which the yield is paid for: |
Thefourth coupon period ( 28.08.2017-26.02.2018) |
| The total amount of the interest to be paid against bonds: |
558,500,000 (Five hundred and fifty eight million five hundred thousand) rublesexcluding tax and other deductions |
| The amount of the interest to be paid |
55.85 (Fiftyfiverubles 85 kopecks) rubles pereach bond |
| against one bond: The total number of bonds against which the yield is paid: |
10,000,000 bonds |
| The method of payment: |
Monetaryfunds in thecurrency of the Russian Federation by means of non-cash settlement |
| Therecord date: | February 22, 2018 |
| The date of the obligation fulfillment: |
February 26, 2018 |
| The total amount of the interest paid against bonds following the reporting period: |
th coupon Following the 4 period the amount of 558,500,000.00 (Five hundred and fifty eight million five hundred thousand) rubles was paid excluding tax and other deductions. Obligation has been fulfilled. |
| The number of bonds whichwereredeemed: |
10,000,000 bonds |
| Basis for bonds redemption: |
Occurrence of the date of redemption according to the Second part of the Bonds Resolution (Terms and Conditions of the Exchange-Traded Bonds) of PJSC "Magnit" approved by the Decision of the CEO of PJSC "Magnit" as of February 19, 2016 (Decision w/o No. as of February 19, 2016) |
The date of bonds redemption: February 26, 2018
| Timothy Post | Head ofInvestor Relations Email: [email protected] Office:+7-861-277-4554 x 17600 |
|---|---|
| Dina Svishcheva | DeputyDirector, Investor Relations Email:[email protected] Office:+7-861-277-4554 x 15101 |
| MediaInquiries | Media Relations Department [email protected] |
Public Joint Stock Company "Magnit"is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city ofKrasnodar. As ofDecember 31, 2017, Magnit operated 37 distribution centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit Family storesand 3,774 drogeriestores) in 2,709 citiesand towns throughout 7 federalregions ofthe Russian Federation.
In accordance with the unaudited IFRS management accounts for 2017, Magnit had revenues of RUB 1,143 billion and an EBITDA of RUB 92 billion. Magnit's localshares are traded on the Moscow Exchange (MOEX:MGNT) and its GDRs on the London Stock Exchange (LSE:MGNT) and it hasacredit rating fromStandard &Poor's ofBB. Measured bymarketcapitalization, Magnit is one ofthelargest retailers inEurope.
ISIN: US55953Q2021 Category Code: MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 5242
End ofAnnouncementEQS News Service
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