MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading mobile, media, and digital services provider, announces the issuance of RUB 10 bn in exchange-traded series 001P-17 bonds with a maturity of 2 years and a coupon rate of 5.50%. The technical placement of the bonds is planned for June 5 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, resulting in a coupon reduction from an initial target range of 5.60-5.75% to a final rate of 5.50%. Gazprombank, Raiffeisenbank, and Sberbank CIB are lead arrangers of the bonds, which are planned to be included on MOEX’s Level 1 Quotation List.

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