1st Mar 2013 10:50
OJSC MAGNIT - 4th Coupon Yield PaymentOJSC MAGNIT - 4th Coupon Yield Payment
PR Newswire
London, March 1
OJSC "Magnit" Announces the 4thC oupon Yield Payment
Krasnodar, March 1, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces the 4th coupon yield payment against bonds.
Please be informed that on March 1, 2013 OJSC "Magnit" fulfilled its obligationof the 4th coupon redemption against bonds of BO-05 series in the amount of199,450,000 rubles.
Parameters of the bond issue:
Type of securities: Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-05 series with the obligatory centralized custody Identification code and № 4B02-05-60525-Pas of 16.02.2011date of its assignment tothe issue:Reporting (coupon) period 4thcoupon period (August31, 2012- March1, 2013)which the yield is paid
for:Total amount of interest 199,450,000 rubles excluding tax and other deductions;payable against bonds of
each series: 199,423,225 rubles adjusted for taxation The amount of the 39.89 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 March1, 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 unaudited IFRS management accounts for 2012, Magnitrecorded consolidated revenues of approximately $14,430 million USD and aconsolidated EBITDA of $1,524 million USD.
Related Shares:
MGNT.L