PJSC “MOESK” successfully redeemed all ÁÎ-02 series bonds

On October 26, 2015, PJSC “MOESK” successfully completed the repayment of ÁÎ-02 series bonded loan with the nominal value of RUB 5 billion repaying the last one of the 6 coupons, thus completely discharging its obligations to the holders of securities.

It is to be recalled that on October 29, 2012, the Company issued ÁÎ-02 series exchange-traded bonds amounting to RUB 5 billion with the maturity period of 3 years, placed at a rate of 8.8% per annum. The funds received from the bonded loan were allocated for refinancing the existing borrowings and financing of the investment program.

It is worth mentioning that it is the second issue that PJSC “MOESK” successfully redeems in 2015. In September the Company already repaid ÁÎ-01 series bonded loan.

“Redemption of the second series of bonds became a logical continuation in a chain of good news for the Company. Financial markets are stabilizing after the spike in August and PJSC “MOESK”, in its turn, once again fills the market with liquidity and confirms the reputation of a bona fide partner and a reliable borrower,” said Aleksandr Inozemtsev, the First Deputy General Director for Financial and Economic Activities and Corporate Governance of PJSC “MOESK”. “The company will continue to perform its obligations to investors and partners