13 Nov 2015 13:17
PJSC MAGNIT - 1st Coupon Yield PaymentPJSC MAGNIT - 1st Coupon Yield Payment
PR Newswire
London, November 13
Press-release
Krasnodar
November 13, 2015
PJSC “Magnit” Announces the 1st Coupon Yield Payment against bonds of the 02, 03 series
Krasnodar, November 13, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the 1st coupon yield payment against bonds of the 02, 03 series.
Please be informed that today PJSC “Magnit” fulfilled its obligation of the first coupon redemption against bonds of the 02, 03 series in the amount of 301,650,000 rubles / 301,650,000 rubles correspondingly.
Parameters of the bond issue:
| Type of securities: | Non-convertible interest-bearing certified bonds to the bearer with the obligatory centralized custody of the 02, 03 series |
| State registration numbers of the securities issues and the date of their registration: | No. 4-02-60525-P / No. 4-03-60525-P as of 27.12.2012 |
| Reporting (coupon) period which the yield is paid for: | The first coupon period (15.05.2015 - 13.11.2015) |
| The total amount of the interest to be paid against bonds: | 301,650,000 rubles / 301,650,000 rubles correspondingly excluding tax and other deductions |
| The amount of the interest to be paid against one bond: | 60.33 rubles / 60.33 rubles correspondingly |
| The total number of bonds against which the yield is paid: | 5,000,000 bonds / 5,000,000 bonds correspondingly |
| The method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
| The record date: | November 12, 2015 |
| The date of the obligation fulfillment: | November 13, 2015 |
| The total amount of the interest paid against bonds following the reporting period: | Following the 1st coupon period the amount of 301,650,000 rubles / 301,650,000 rubles correspondingly was paid excluding tax and other deductions; 301,650,000 rubles / 301,650,000 rubles correspondingly - adjusted for taxation. Obligation has been fulfilled. |
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 | ||
| Investor Relations Office | MagnitIR@magnit.ru Direct Line: +7-861-277-4562 Website: ir.magnit.com/ | ||
| PR and GR Department press@magnit.ru |
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246 convenience, 335 hypermarkets, and 1,807 drogerie stores) in 2,297 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 billion. Magnit's local shares are traded on the Moscow Stock 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.