DETSKY MIR ANNOUNCES BOOK CLOSING OF EXCHANGE-TRADED BONDS OF RUB 3 BN WITH THE COUPON RATE OF 7.25%

Moscow, 02 December 2019 – Detsky Mir PJSC (“Detsky Mir” or “the Company”, MOEX: DSKY), Russia’s largest specialized children’s goods retailer and a Sistema Group company (LSE: SSA, MOEX: AFKS) announces the successful book closing of its series BО-05 exchange-traded bond issue with a nominal value of RUB 3 bn and a coupon rate set at 7.25% p.a.

TRANSACTION DETAILS

• On December 02, 2019 PJSC Detsky Mir opened order book for the RUB 3 bln Series BO-05 bond issue with the initial price guidance of 7.25-7.50% p.a.
• During the bookbuilding the marketing range has been lowered from the initial level to 7.25-7.40% p.a. Later – to 7.25-7.30% p.a.
• The final coupon rate was set at 7.25% p.a.
• The settlement of the bond is scheduled on December 10, 2019 at PJSC Moscow Exchange. VTB Capital, Credit Bank of Moscow and Sovcombank acted as Lead Arrangers of the transaction. Gazprombank will act as a placement agent.

For additional information:

Detsky Mir Group (MOEX: DSKY) is a multi-format retailer and Russia’s largest specialized children’s goods retailer. The Group comprises the Detsky Mir retail chain, and the ELC (Early Learning Centre in Russia) and the ABC retail chains, as well as the Zoozavr pet supplies retail chain. The company operates a network of 710 Detsky Mir stores located in 266 cities in Russia, Kazakhstan and Belarus, as well as 48 ELC, 14 ABC and eight Zoozavr stores as of 30 September 2019. Total selling space was approximately 794,000 square meters.

Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: PJSC Sistema[1]  – 33.38%, Russia-China Investment Fund (RCIF) [2] – 9.0%, other shareholders owning less than 5% of the shares – 57.62%.

Lear more at www.detmir.ru, corp.detmir.ru, elc-russia.ru.

(1) Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, children’s goods retail, paper and packaging, healthcare services, agriculture, high technology, banking, real estate, pharmaceuticals and hospitality.

(2) RCIF, an equity fund established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), holds its stake in PJSC Detsky Mir through its funds: FLOETTE HOLDINGS LIMITED and EXARZO HOLDINGS LIMITED.