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Published on 6/24/2016 in the Prospect News Emerging Markets Daily.

Russia’s Magnit takes offers for placement of exchange-traded bonds

By Susanna Moon

Chicago, June 24 – PJSC Magnit said it will place BO-001P-04 series certified exchange-traded bonds via bookbuilding with Gazprombank as the underwriter.

The offers to execute the preliminary agreements had to be submitted on Friday from 3 a.m. ET until 8 a.m. ET, according to a company notice.

Magnit is a Krasnodar, Russia-based food retailer.


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