MOSCOW, Russian Federation — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading telecommunications operator and digital services provider, announces the issuance of RUB 10 billion in exchange-traded bonds with a maturity of 7 years and a coupon rate of 7.90%. The technical placement of the bonds will be held on July 17, 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 process was held on July 9, 2019, with MTS Bank as the lead arranger.

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