11th Mar 2013 11:14
OJSC MAGNIT - 5th Coupon Yield PaymentOJSC MAGNIT - 5th Coupon Yield Payment
PR Newswire
London, March 11
OJSC "Magnit" Announces the 5thC oupon Yield Payment
Krasnodar, March 11, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces the 5th coupon yield payment against bonds.
Please be informed that on March 11, 2013 OJSC "Magnit" fulfilled itsobligation of the 5th coupon redemption against bonds of BO-01/BO-02/BO-03/BO-04 series in the amount of 41,140,000 rubles / 41,140,000 rubles /61,710,000 rubles / 82,280,000 rubles correspondingly.
Parameters of the bond issue:
Type of securities: Non-convertible interest-bearing certified e xchange-traded bonds to the bearer of B0-01/BO-02/ BO-03/BO-04 series with the obligatory centralized custodyIdentification code and № 4B02-01-60525-P / 4B02-02-60525-P / 4B02-03-60525-Pdate of its assignment to / 4B02-04-60525-P as of 02.02.2010
the issue:Reporting (coupon) period 5thcoupon period (September 10, 2012- March 11, 2013)which the yield is paid
for:Total amount of the 41,140,000 rubles / 41,140,000 rubles / 61,710,000interest subject to rubles / 82,280,000 rubles correspondinglyexcludingpayment against bonds of tax and other deductions;
each series: 41,139,701rubles / 41,139,904 rubles / 61,707,968 rubles / 82,275,218rubles correspondinglyadjusted for taxation The amount of the 41.14 rubles / 41.14 rubles / 41.14 rubles / 41.14interest subject to rubles correspondinglypayment 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 11, 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