Ruble bonds up to a total principal amount of 15 billion rubles are being offered. The Ruble bonds will have a term of 5 years following placement. The coupon is expected to be in the range between 07.85% and 08.00% per annum, subject to final determination via the book building exercise. Proceeds from the Ruble bonds will be used for general corporate purposes, including the refinancing of the Company’s existing liabilities.
The books are expected to close at 16:30 Moscow time today. Placement on the Moscow Exchange is expected to occur on or about 09 October 2017.
BCS Global Markets, Gazprombank, Russian Agricultural Bank and UniCredit Bank are acting as the lead arrangers of the Ruble bonds issue. Gazprombank is acting as the placement agent.The Ruble Bonds are offered under an exchange bonds programme admitted to trading on the Moscow Exchange on 20 April 2016, as earlier announced on the Company’s website: http://corp.megafon.com/investors/news/capital_market_releases/20160422-1553.html.
For More Information:
|Investors: Dmitry Kononov
Director for Investor Relations and M&A
|Tel: +7 926 200 email@example.com|
|Media: Yulia Dorokhina
Head of Media Relations
|Tel: +7 926 200 firstname.lastname@example.org|
NOTES TO EDITORS
MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange and the London Stock Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “forecast”, “intend”, “will”, “could”, “may”, or “might” the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.
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