Rostelecom announces rub 10 bln bond placement, coupon rate set at 7.7% per annum

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Moscow, Russia – November 14, 2017 - Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces the placement of its 001P-03R[1] series bonds at a coupon rate of 7.7% per annum. The bonds, with a total nominal value of RUB 10 billion, have a five-year put option from placement and a maturity of 10 years with a nominal value of RUB 1,000 each.

The 001P-03R series Rostelecom bonds will be placed at the Moscow Exchange (MOEX) on November 21, 2017.

The funds from the bonds placement are expected to be used for refinancing purposes.

The lead arrangers of the offering are VTB Capital, Sberbank CIB, Gazprombank.

[1] The programme of listed bonds, identification number 4-00124-A-001P-02E from 15.12.2015, totaling RUB 100 billion.