7 May 2015 17:03
PJSC MAGNIT - Interest Rate of the Coupon Yield against BondsPJSC MAGNIT - Interest Rate of the Coupon Yield against Bonds
PR Newswire
London, May 7
Not for release, publication or distribution in Australia, Canada, Japan or theUnited States. These materials are not an offer for sale of securities in the United States.Securities may not be offered or sold in the United States absent registrationwith the United States Securities and Exchange Commission or an exemption fromregistration under the U.S. Securities Act of 1933, as amended. PJSC Magnit hasnot registered and does not intend to register any part of the offering in theUnited States or to conduct a public offering of any securities in the UnitedStates. This document is only being distributed to and is only directed at (i) personswho are outside the United Kingdom or (ii) to investment professionals fallingwithin Article 19(5) of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005 (the "Order") or (iii) high net worth companies, andother persons to whom it may lawfully be communicated, falling within Article49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) abovetogether being referred to as "relevant persons"). The securities are onlyavailable to, and any invitation, offer or agreement to subscribe, purchase orotherwise acquire such securities will be engaged in only with, relevantpersons. Any person who is not a relevant person should not act or rely on thisdocument or any of its contents. In any EEA Member State that has implemented Directive 2003/71/EC (suchDirective, together with any applicable implementing measures in the relevanthome Member State under such Directive, the "Prospectus Directive") thiscommunication is only addressed to and is only directed at qualified investorsin that Member State within the meaning of the Prospectus Directive. Securities of PJSC Magnit have not been and will not be registered under theapplicable securities laws of Australia, Canada or Japan and, subject tocertain exceptions, may not be offered or sold within Australia, Canada orJapan or to, or for the account or benefit of, citizens or residents ofAustralia, Canada or Japan except under circumstances which will result in thefull compliance with the applicable laws and regulations promulgated by therelevant regulatory authorities in effect at the relevant time. Press-release Krasnodar May 7, 2015 PJSC "Magnit" Announces the Interest Rate of the Coupon Yield against Bonds Krasnodar, May 7, 2015: PJSC "Magnit", Russia's largest food retailer (the"Company", the "Issuer"; MOEX and LSE: MGNT) announces the interest rate of the1st, 2nd, 3rd, 4th, 5th and 6th coupon yield against bonds. In accordance with the Decision (Decision w/o № of May 7, 2015) of the Soleexecutive body of the Issuer, the CEO, the interest rate of the 1st, 2nd, 3rd,4th, 5th and 6th coupon periods was determined according to the Decisions onthe issuance and the Prospectus of Bonds. Parameters of the bond issue: Type of securities: interest-bearing non-convertible certified bonds of the 02, 03series to the bearer with the obligatory centralized custody State registration № 4-02-60525-P/ № 4-03-60525-P as of 27.12.2012number: Reporting (coupon) period 1st coupon period (15.05.2015 - 13.11.2015)which the yield is paidfor: 2nd coupon period (13.11.2015 - 13.05.2016) 3rd coupon period (13.05.2016 - 11.11.2016) 4th coupon period (11.11.2016 - 12.05.2017) 5th coupon period (12.05.2017 - 10.11.2017) 6th coupon period (10.11.2017 - 11.05.2018) Total amount of the 12.10% (twelve point ten zero percent) per annum or 301,interest subject to 650,000 rubles (three hundred and one million six hundredpayment against bonds of fifty thousand rubles 00 kopecks) for each couponeach series: period The amount of the 60.33 rubles (sixty rubles thirty three kopecks)interest subject topayment against one bondof each series: Method of payment: Monetary funds in the currency of the Russian Federation by means of non-cash settlement Date of the obligation 1st coupon period: 13.11.2015fulfillment: 2nd coupon period: 13.05.2016 3rd coupon period: 11.11.2016 4th coupon period: 12.05.2017 5th coupon period: 10.11.2017 6th coupon period: 11.05.2018 For further information, please contact: Timothy Post Director, Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 Company description: Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of March 31, 2015,Magnit operated 28 distribution centers and over 10,000 stores (8,581convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately2,180 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the audited IFRS consolidated financial statements for 2014,Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion.Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: MGNT) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB+. Measured by market capitalization, Magnit is oneof the largest retailers in Europe.