Press-release
Krasnodar
April 22, 2014
OJSC "Magnit" Announces the 6th Coupon Yield Payment and the Redemption of the
Nominal Value of Bonds
Krasnodar, April 22, 2014: OJSC "Magnit", Russia's largest food retailer (the
"Company"; MICEX and LSE: MGNT), announces the 6th coupon yield payment against
bonds and the redemption of the nominal value of bonds.
Please be informed that today OJSC "Magnit" fulfilled its obligation of the 6th
coupon payment against bonds of BO-06 series and the redemption of the nominal
value of bonds.
Parameters of the bond issues:
Type of securities: Non-convertible interest-bearing certified e
xchange-traded bonds to the bearer of B0-06 series
with the obligatory centralized custody
Identification code and № 4B02-06-60525-P as of 16.02.2011
date of its assignment to
the issue:
Reporting (coupon) period 6th coupon period (October 10, 2013 - April 22, 2014)
which the yield is paid
for:
Total amount of the 193,200,000 rubles excluding tax and other deductions;
interest subject to
payment against bonds of 192,583,820 rubles adjusted for taxation
each series:
The amount of the 38.64 rubles
interest subject to
payment against one bond
of each series:
Method of payment: Monetary funds in the currency of the Russian
Federation by means of non-cash settlement
Number of redeemed bonds: 5,000,000
Basis for bonds redemption of the nominal value of bonds according to
redemption: the decision on the issue of OJSC "Magnit" securities
ratified by the Board of directors on 04.02.2011
Date of the obligation April 22, 2014
fulfillment:
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@gw.tander.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@gw.tander.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
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 March 31, 2014,
Magnit operated 23 distribution centers and over 8,200 stores (7,341
convenience, 215 hypermarkets, and 700 cosmetics) in more than 1,905 cities and
towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements for 2013,
Magnit had revenues of $18,202 million USD and an EBITDA of $2,032 million USD.
Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: 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.