Interest Rate Update/Notice • Jun 21, 2019
Interest Rate Update/Notice
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This announcement does not contain or constitute an offer of, or the solicitation of an offer to purchase or subscribe for, the securities to any person in the United States, Australia, Canada or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The Secutities may not be offered or sold in the United States unless registered under the US Securities Act or offered in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act. The offer and sale of the Securities referred to herein has not been and will not be registered under the US Securities Act or under the applicable securities laws of Australia, Canada or Japan. Subject to certain exceptions, the Securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. There will be no public offer of the Securities in the United States, Australia, Canada or Japan or elsewhere.
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Press Release | Krasnodar | June 20, 2019
Krasnodar, Russia (June 20, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the interest rate of coupon yield against the Exchange-traded bonds of the BO-003Р-03 series.
In accordance with Decision of the Chief Executive Officer of PJSC "Magnit" (Decision w/o No. of June 20, 2019), the interest rate of the 1st coupon of the non-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-003P-03 series to the bearer with the obligatory centralized custody, placed under the Program of the exchange-traded bonds with the identification number of 4-60525-P-003Р-02Е as of 30.01.2018 (hereinafter - the Bonds) is 7.85 (Seven point eighty five) % per annum.
The interest rate of the 2nd, 3rd coupon periods is equal to the interest rate of the 1st coupon period.
Reporting period which the Bond yield is paid for: The Bonds have 3 coupon periods. The 1st coupon period lasts 182 days. The 2nd, 3rd coupon periods last 182 days.
1st coupon period: from the commencing date of the Bonds placement to the 182nd day from the commencing date of the Bonds placement;
2nd coupon period: from the 182nd day from the commencing date o f the Bonds placement to the 364th day from the commencing date of the Bonds placement;
3rd coupon period: from the 364th day from the commencing date of the Bonds placement to the 546th day from the commencing date of the Bonds placement.
Total amount of the accrued Bond yield: 1st coupon - 391,400,000.00 (Three hundred and ninety one million four hundred thousand rubles 00 kopecks);
2nd coupon - 391,400,000.00 (Three hundred and ninety one million four hundred thousand rubles 00 kopecks);
3rd coupon - 391,400,000.00 (Three hundred and ninety one million four hundred thousand rubles 00 kopecks);
| The amount of the accrued yield per one Bond: |
1st coupon - 39 (Thirty nine) rubles 14 (Fourteen) kopecks; 2nd coupon - 39 (Thirty nine) rubles 14 (Fourteen) kopecks; 3rd coupon - 39 (Thirty nine) rubles 14 (Fourteen) kopecks; |
|---|---|
| The total amount of interest to be paid against Bonds and the amount of interest to be paid per one Bond: |
1st coupon - 7.85 (Seven point eighty five) percent per annum; 2nd coupon - 7.85 (Seven point eighty five) percent per annum; 3rd coupon - 7.85 (Seven point eighty five) percent per annum; |
| Method of payment: |
Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
| The date when the obligation to pay the Bond yield shall be fulfilled: |
1st coupon period: the 182nd day from the commencing date of the Bonds placement; |
| 2nd coupon period: the 364th day from the commencing date of the Bonds placement; |
|
| 3rd coupon period: the 546th day from the commencing date of the Bonds placement. |
Director for Investor Relations Email: [email protected] Office: +7 (861) 210-48-80
Director for Investor Relations Email: dina\[email protected] Office: +7 (861) 210-9810 x 15101
Media Inquiries
Media Relations Department Email: [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 of Krasnodar. As of March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB.
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.: 10816 EQS News ID: 828137
End ofAnnouncementEQS News Service
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