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Interest Rate Update/Notice • Feb 27, 2017
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Interest Rate Update/Notice
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PJSC MAGNIT - Coupon Yield Payment
PR Newswire
London, February 27
Press-release
Krasnodar
February 27, 2017
PJSC “Magnit” Announces the 2nd Coupon Yield Payment
Krasnodar, Russia (February 27, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the 2nd coupon yield payment against bonds of the BO-001P-02 series.
Please be informed that today PJSC “Magnit” fulfilled its obligation of the second coupon redemption against bonds of the BO-001P-02 series in the amount of 558,500,000 rubles.
Parameters of the bond issue:
Type of securities:Non-convertible interest-bearing certified exchange-traded bonds to the bearer with the obligatory centralized custody of the BO-001P-02 series, International Securities Identification Number (ISIN) RU000A0JW662Identification number of the securities issue and the date of its assignment:4B02-02-60525-P-001P of 24.02.2016Coupon period which the yield is paid for:The second coupon period (29.08.2016-27.02.2017)
The total amount of the interest to be paid against bonds:
558,500,000.00 rubles excluding tax and other deductions
The amount of the interest to be paid against one bond:
55.85 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:
February 22, 2017
The date of the obligation fulfillment:
February 27, 2017
The total amount of the interest paid against bonds following the reporting period:
Following the 2nd coupon period the amount of 558,500,000.00 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 December 31, 2016, Magnit operated 35 distribution centers and 14,059 stores (10,521 convenience, 431 hypermarkets and 3,107 drogerie stores) in 2,494 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2016, Magnit had revenues of RUB 1,075 billion and an EBITDA of RUB 108 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.
