MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading telecommunications operator and digital services provider, announces the issuance of RUB 10 billion in exchange-traded series 001P-13 bonds with a maturity of 3 years and a coupon rate of 6.45%. The technical placement of the bonds will be held on December 26, 2019 on the Moscow Exchange (MOEX).

The nominal price of the bonds is set at RUB 1,000, the coupon period at 91 days, and the price of placement at 100% of nominal value. The book building held today was oversubscribed, leading to a final coupon rate of 6.45% from an initial target of 6.65% or less.

Lead arrangers of the bonds are Sberbank CIB, VTB Capital, Gazprombank (GPB), Credit Bank of Moscow (CBM), and Sovcombank.

MTS intends to use the funds to further optimize its debt portfolio and for general corporate purposes.

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For further information, please contact in Moscow: 
Investor Relations Department 
Mobile TeleSystems PJSC 
Tel: +7 495 223 2025 
E-mail: ir@mts.ru