25th Mar 2013 13:23
OJSC MAGNIT - 1st Coupon Yield PaymentOJSC MAGNIT - 1st Coupon Yield Payment
PR Newswire
London, March 25
OJSC "Magnit" Announces the 1st Coupon Yield Payment
Krasnodar, March 25, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces the 1st coupon yield payment against bonds.
Please be informed that on March 25, 2013 OJSC "Magnit" fulfilled itsobligation of the 1st coupon redemption against bonds of BO-07 series in theamount of 221,900,000 rubles.
Parameters of the bond issue:
Type of securities: Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-07 series with the obligatory centralized custody Identification code and № 4B02-07-60525-P as of 10.08.2011date of its assignment tothe issue:Reporting (coupon) period 1st coupon period (September 24, 2012- March 25, 2013)which the yield is paid
for:Total amount of the 221,900,000 rubles excluding tax and other deductions;interest subject to
payment against bonds ofeach series: 221,829,618 rubles adjusted for taxation The amount of the 44.38 rublesinterest 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 March 25, 2013fulfillment:For further information, please contact:
Timothy Post Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 7600 Mob.: +7 (961) 511-76-78 Direct line for investors only: +7 (861) 277-45-62 Dina Svishcheva Deputy Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5101 Mob.: +7-961-511-02-02 Direct line for investors only: +7 (861) 277-45-62 Company description:Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX:MGNT) is the holding company for a group of entities that operate in the retailtrade under the "Magnit" brand. The chain of "Magnit" stores is one of theleading food retail networks in Russia. As of December 31, 2012 the chainconsisted of 6,046 convenience stores, 126 hypermarkets, 20 "Magnit Family"stores and 692 cosmetics stores (drogerie) in 1,605 cities and towns throughoutthe Russian Federation.
Approximately two-thirds of the Magnit's stores are located in cities with apopulation of less than 500,000 inhabitants. Most of its stores are located inthe Southern, North-Caucasian, Central and Volga regions. The Company alsooperates stores in the North-Western, Urals and Siberian regions.
As of December 31, 2012 Magnit operated an in-house logistics system consistingof 18 distribution centers, employing automated stock replenishment systems anda fleet of 4,401 vehicles.
In accordance with the audited IFRS consolidated financial statements for 2012,Magnit recorded consolidated revenues of approximately $14,430 million USD anda consolidated EBITDA of $1,524 million USD.
Related Shares:
MGNT.L