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OJSC 'MAGNIT' (FRA:5M71) MAGNIT PJSC: RAEX Rating Agency (Expert RA) assigned credit rating to the exchange-traded bonds of PJSC 'Magnit'

Directive transparence : information réglementée

27/06/2019 10:56

MAGNIT PJSC (MGNT)
MAGNIT PJSC: RAEX Rating Agency (Expert RA) assigned credit rating to the exchange-traded bonds of PJSC 'Magnit'

27-Jun-2019 / 11:56 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

 

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Press Release | Krasnodar | June 27, 2019

 

RAEX Rating Agency (Expert RA) assigned credit rating to the exchange-traded bonds of PJSC "Magnit"

Krasnodar, Russia (June 27, 2019): PJSC "Magnit"(MOEX and LSE: MGNT) (the "Company"), one of Russia's leading retailers, announces the assignment of the credit rating by RAEX Rating Agency (Expert RA) to the exchange-traded bonds of PJSC "Magnit".

Please note that on June 27, 2019 RAEX Rating Agency (Expert RA) assigned credit rating ruAA- to the exchange-traded bonds of PJSC "Magnit".

 

Type of securities:

Non-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-003P-03 series to the bearer with the obligatory centralized custody, placed under the Program of the exchange-traded bonds with the identification number of 4-60525-P-003P-02E as of 30.01.2018, bonds issue identification number 4B02-02-60525-Р-003P as 25.06.2019,  ISIN: RU000A100H02 (the Exchange-traded bonds)

Identification number assigned to the issue and the date of assignment:

4B02-03-60525-P-003P of 25.06.2019

 

 

The information on the rating assignment methodology by Rating Agency Expert RA Is available on the website https://raexpert.ru/ratings/methods/current

 

 

 

 

 

For further information, please contact:

 

Dmitry Kovalenko

Director for Investor Relations

Email: dmitry_kovalenko@magnit.ru

Office: +7 (861) 210-48-80

 

Dina Chistyak

Director for Investor Relations

Email: dina_chistyak@magnit.ru

Office: +7 (861) 210-9810 x 15101

 

Media Inquiries

Media Relations Department

Email: press@magnit.ru

 

Note to editors:

Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 billion. Magnit's local shares are traded on the Moscow 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.

 



ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 11559
EQS News ID: 832089

 
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