25 Aug 2015 13:55
PJSC MAGNIT - 5th Coupon Yield PaymentPJSC MAGNIT - 5th Coupon Yield Payment
PR Newswire
London, August 25
Press-release
Krasnodar
August 25, 2015
PJSC “Magnit” Announces the 5th Coupon Yield Payment against bonds of the 01 series
Krasnodar, August 25, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the 5th coupon yield payment against bonds of the 01 series.
Please be informed that today PJSC “Magnit” fulfilled its obligation of the fifth coupon redemption against bonds of the 01 series in the amount of 211,900,000 rubles.
Parameters of the bond issue:
| Type of securities: | Non-convertible interest-bearing certified bonds to the bearer with the obligatory centralized custody of the 01 series |
| Identification numbers of the securities issues and the date of their assignment: | No. 4-01-60525-P as of 27.12.2012 |
| Reporting (coupon) period which the yield is paid for: | The fifth coupon period (24.02.2015- 25.08.2015) |
| The total amount of the interest to be paid against bonds: | 211,900,000 rubles excluding tax and other deductions |
| The amount of the interest to be paid against one bond: | 42.38 rubles |
| The total number of bonds against which the yield is paid: | 5,000,000 bonds |
| The method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
| The record date: | August 24, 2015 |
| The date of the obligation fulfillment: | August 25, 2015 |
| The total amount of the interest paid against bonds following the reporting period: | Following the 5th coupon period the amount of 211,900,000 rubles was paid excluding tax and other deductions; 211,900,000 rubles - adjusted for taxation. Obligation has been fulfilled. |
For further information, please contact:
| Timothy Post | Director, Investor RelationsEmail: post@magnit.ruOffice: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 | |
| Dina Svishcheva | Deputy Director, Investor RelationsEmail: Chistyak@magnit.ruOffice: +7-861-277-4554 x 15101Mobile: +7-961-511-0202Direct Line: +7-861-277-4562 | |
| Media Inquiries | PR and GR Departmentpress@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 June 30, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts 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.