New Issue: Russia’s Magnit places RUB 10 billion 10.6% 728-day exchange-traded bonds at par

By Wendy Van Sickle

Columbus, Ohio, March 30 – PJSC Magnit said its chief executive officer approved on Wednesday the terms and conditions for the placement of RUB 10 billion of 10.6% 728-day BO-001P-03 series exchange-traded bonds.

The bonds were sold at par of RUB 1,000.

Magnit is a Krasnodar, Russia-based food retailer.

Issuer:	PJSC Magnit
Issue:	Exchange-traded bonds, BO-001P-03 series
Amount:	RUB 10 billion
Tenor:	728 days
Coupon:	10.6%
Price:	Par of RUB 1,000
Yield:	10.6%
Settlement date:	March 30

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