29th Mar 2016 14:35
PJSC MAGNIT - 6th Coupon Yield Payment and Bonds Issue RedemptionPJSC MAGNIT - 6th Coupon Yield Payment and Bonds Issue Redemption
PR Newswire
London, March 29
Press-release
Krasnodar
March 29, 2016
PJSC “Magnit” Announces the 6th Coupon Yield Payment and the Redemption of the Nominal Value of Exchange-Traded Bonds
Krasnodar, March 29, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the 6th coupon yield payment against bonds and the redemption of the nominal value of exchange-traded bonds.
Please be informed that on March 29, 2016 PJSC “Magnit” fulfilled its obligation of the sixth coupon redemption against bonds of BO-08 / BO-09 series in the amount of 209,400,000 rubles / 209,400,000 rubles correspondingly and the redemption of the nominal value of exchange-traded bonds.
Parameters of the bond issue:
| Type of securities: | Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-08 / BO-09 series with the obligatory centralized custody, International Stock Identification Number (ISIN) RU000A0JTT21 / RU000A0JTT39 |
| Identification numbers of the securities issues and the date of their assignment: | ? 4?02-08-60525-?/ ? 4?02-09-60525-? as of 10.08.2011 |
| Reporting (coupon) period which the yield is paid for: | The sixth coupon period (29.09.2015 – 29.03.2016) |
| The total amount of the interest to be paid against bonds: | 209,400,000 rubles / 209,400,000 rubles excluding tax and other deductions |
| The amount of the interest to be paid against one bond: | 41.88 rubles / 41.88 rubles correspondingly |
| The total number of bonds against which the yield is paid: | 5,000,000 bonds / 5,000,000 bonds correspondingly |
| The method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
| The record date: | March 23, 2016 |
| The date of the obligation fulfillment: | March 29, 2016 |
| The total amount of the interest paid against bonds following the reporting period: | Following the 6th coupon period the amount of 209,400,000 rubles / 209,400,000 rubles correspondingly was paid excluding tax and other deductions; 209,399,979 rubles / 209,400,000 rubles correspondingly - adjusted for taxation. Obligation has been fulfilled. |
For further information. please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Investor Relations Office | [email protected] Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Department [email protected] |
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2015, Magnit operated 33 distribution centers and about 12,089 stores (9,594 convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2015, Magnit had revenues of RUB 951 billion and an EBITDA of RUB 104 billion. Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB+. Measured by market capitalization, Magnit is one of the largest retailers in Europe.
Related Shares:
MGNT.L