MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading mobile, media, and digital services provider, announces the full repayment on June 22, 2020 of the 10-year USD 750 m Eurobond issued by the company in 2010.

At maturity, the total loan participation notes outstanding amounted to USD 300.9 m, with the remainder (USD 449.1 m) having earlier been repurchased during 2014-2018 through a tender process as well as on the open market.

The USD-denominated Eurobond was originally issued in June 2010 via MTS International Funding Limited with a maturity of 10 years and coupon of 8.625%. Bank of America Merrill Lynch, Credit Suisse, and The Royal Bank of Scotland served as organizers.

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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