Russia’s Sibur starts consent solicitation to address sanctions

Chicago, Aug. 30 – PJSC Sibur Holding subsidiary Sibur Securities DAC started a consent solicitation on Monday for three guaranteed notes, according to a notice.

All three notes are guaranteed by the parent.

The solicitation relates to the following notes:

• $307,977,000 outstanding 4 1/8% guaranteed notes due 2023 (ISINs: XS1693971043, US825795AA56);

• $497 million outstanding 3.45% guaranteed notes due 2024 (ISINs: XS2010044621, US825795AB30); and

• $483 million outstanding 2.95% guaranteed notes due 2025 (ISINs: XS2199713384, US825795AC13).

The company is soliciting consents to modify the notes and grant certain waivers to address international sanctions and provide equal treatment to all noteholders.

The record date is Sept. 12.

Voting instructions should be delivered to the information and tabulation agent by the voting deadline.

No consent fee will be payable with respect to the consent solicitation.

i2 Capital Markets Ltd. is the information and tabulation agent (sibur@i2capmark.com, https://www.i2capmark.com/event-details/ 76/Holder/sibur-securities-dac-consent-solicitation)

Sibur is an integrated petrochemicals company based in Moscow.

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