Sistema completes secondary placement of series 001P-07 bonds

Moscow, 03 February 2021 – Sistema PJSFC (“Sistema” or “the Corporation”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces the secondary placement of series 001P-07 exchange-traded bonds. During the tender offer on 3 February 2021, the Corporation repurchased bonds in the amount of RUB 2.8 bn out of the total of RUB 10 bn in the issue. Bonds in the amount of RUB 2.4 bn repurchased during the tender offer were placed through secondary placement at 99.55% of the nominal value.

The nominal value of one bond is RUB 1,000. The bonds have a put option in 4.5 years. The maturity date is 21 January 2028. The coupon period is 182 days. The rate for coupons 7-15 is set at 6.9%. The securities have been included in the Bank of Russia Lombard List and the Level Second of listing at the Moscow Exchange. The issue was assigned a ruAA- credit rating by Expert RA.

BCS Global Markets, Veles Capital, Gazprombank, Russian Agricultural Bank and Sber CIB acted as arrangers of the issue. Gazprombank was the placement agent.

***

Sistema PJSFC is a Russian publicly-traded diversified holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, timber processing, agriculture, real estate, tourism and healthcare services. The company was founded in 1993. Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019. Sistema's global depositary receipts are listed under the “SSA” ticker on the London Stock Exchange. Sistema’s ordinary shares are listed under the “AFKS” ticker on Moscow Exchange. Website: www.sistema.ru

***

For further information, please visit www.sistema.com or contact: 

Investor Relations

       Public Relations

Nikolai Minashin

       Sergey Kopytov

Tel.: +7 (495) 730 66 00

       Tel.: +7 (495) 228 15 32

n.minashin@sistema.ru

       kopytov@sistema.ru



Sistema Board of Directors to consider appointment of Alexey Kornya as First Vice President of Sistema
5 March 2021
Joint venture of Sistema and Sber completes acquisition of an additional stake in JSC Elektrozavod
1 March 2021
Sistema closes order book on RUB 17.5 bn series 001P-18 and 001P-19 exchange-traded bonds
20 February 2021
Joint venture of Sistema and Sber increases stake in JSC Elektrozavod
19 February 2021

Subscribe

Selected category
By clicking on the «Subscribe» button, you agree to the personal data processing policy.