23rd Apr 2013 12:43
OJSC MAGNIT - 4th Coupon Yield PaymentOJSC MAGNIT - 4th Coupon Yield Payment
PR Newswire
London, April 23
OJSC "Magnit" Announces the 4th Coupon Yield Payment
Krasnodar, April 23, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the 4th coupon yield payment againstbonds.
Please be informed that on April 23, 2013 OJSC "Magnit" fulfilled itsobligation of the 4th coupon redemption against bonds of BO-06 series in theamount of 193,200,000 rubles.
Parameters of the bond issue:
Type of securities: Non-convertible interest-bearing certified e xchange-traded bonds to the bearer of B0-06series with the obligatory centralized custody Identification code and № 4B02-06-60525-P as of 16.02.2011date of its assignment tothe issue:Reporting (coupon) period 4thcoupon period (October23, 2012- April23, 2013)which the yield is paid
for: Total amount of the 193,200,000 rubles excluding tax and otherinterest subject to deductions;payment against bonds ofeach series: 193,160,487rubles adjusted for taxation The amount of the 38.64rublesinterest 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 April23, 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 Russian city of Krasnodar, Magnit (LSE and MICEX:MGNT, S&P: "BB") is the holding company for a group of entities that operate inthe retail trade under the "Magnit" brand. The chain of "Magnit" stores is thelargest food retail network in Russia. As of March 31, 2013 the chain consistedof 6,209 convenience stores, 132 hypermarkets, 21 "Magnit Family" stores and713 cosmetics stores (drogerie) in 1,647 cities and towns throughout theRussian 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 March 31, 2013 Magnit operated an in-house logistics system consisting of18 distribution centers, employing automated stock replenishment systems and afleet of 4,448 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.
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