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Interest Rate Update/Notice • Dec 29, 2016
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Interest Rate Update/Notice
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PJSC MAGNIT - Coupon Yield Payment
PR Newswire
London, December 29
Press-release
Krasnodar
December 29, 2016
PJSC “Magnit” Announces the 1st Coupon Yield Payment
Krasnodar, Russia (December 29, 2016): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the 1st coupon yield payment against bonds of the BO-001P-04 series.
Please be informed that today PJSC “Magnit” fulfilled its obligation of the first coupon redemption against bonds of the BO-001P-04 series in the amount of 484,900,000 rubles.
Parameters of the bond issue:
Type of securities:Non-convertible interest-bearing certified exchange-traded bonds of PJSC “Magnit” of the BO-001P-04 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-001P-02E as of 23.10.2015, International Stock Identification Number (ISIN) RU000A0JWML1Identification number of the securities issue and the date of its assignment:4B02-04-60525-P-001P of 30.06.2016Coupon period which the yield is paid for:The first coupon period (05.07.2016-29.12.2016)
The total amount of the interest to be paid against bonds:
484,900,000 rubles excluding tax and other deductions
The amount of the interest to be paid against one bond:
48.49 rublesThe total number of bonds against which the yield is paid:10,000,000 bondsThe method of payment:Monetary funds in the currency of the Russian Federation by means of non-cash settlement
The record date:
December 28, 2016
The date of the obligation fulfillment:
December 29, 2016
The total amount of the interest paid against bonds following the reporting period:
Following the 1st coupon period the amount of 484,900,000 rubles was paid excluding tax and other deductions. Obligation has been fulfilled.
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 |
| Investor Relations Office | [email protected] Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Department [email protected] |
Company description:
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 September 30, 2016, Magnit operated 33 distribution centers and 13,364 stores (10,138 convenience, 407 hypermarkets and 2,819 drogerie stores) in 2,436 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2016, Magnit had revenues of RUB 522 billion and an EBITDA of RUB 52 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+. Measured by market capitalization, Magnit is one of the largest retailers in Europe.
