This announcement is not for publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or any other jurisdiction in which offers or sales would be prohibited by law. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdiction.
This announcement does not contain or constitute an offer of, or the solicitation of an offer to purchase or subscribe for, any securities to any person in the United States, Australia, Canada or Japan or in any jurisdiction in which such offer or solicitation is unlawful. The securities may not be offered or sold in the United States unless registered under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act) or offered in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act. The securities or the offer and sale of the securities referred to herein have not been and will not be registered under the U.S. Securities Act or under the applicable securities laws of Australia, Canada or Japan. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. There will be no public offer of the securities in the United States, Australia, Canada, Japan or elsewhere.
Members of the general public are not eligible to take part in the sale. In member states of the European Economic Area (EEA) (each, a Relevant Member State), this announcement and any offer, if and when made, is sent and addressed to and directed only at persons who are qualified investors within the meaning of the Prospectus Regulation (Regulation 2017/1129/EU, as amended or superseded) (Qualified Investors). In the United Kingdom this notice is sent and distributed to and directed exclusively at Qualified Investors (i) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the Order) or (ii) who fall within Article 49(2)(A) to (D) of the Order, or (iii) to whom it may otherwise lawfully be communicated, and the securities will only be available to, and any investment activity to which this announcement relates will only be engaged in with, such persons and it should not be relied on by anyone other than such persons.
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED THEREIN ARE PROVIDED EXCLUSIVELY FOR INFORMATION PURPOSES AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION TO MAKE OFFERS OR ACQUIRE OR DISPOSE OF SECURITIES IN ANY JURISDICTION INCLUDING THE USA, AUSTRALIA, CANADA AND JAPAN.
PJSC Polyus (LSE, MOEX — PLZL) (Polyus, the Company) has priced an issuance of 10-year rouble-denominated bonds with a put option in five years at a coupon rate of 7.40% per annum. The nominal value of bonds is 20 billion roubles.
The settlement date is 14 October 2019.
The Company intends to use proceeds from the issue primarily for debt refinancing and other general corporate purposes.
Polyus is the largest gold producer in Russia and one of the top five gold miners globally with the lowest cost position. Based on its 2018 Ore Reserves and Mineral Resources, Polyus group ranks third by attributable gold reserves among the world’s largest gold mining companies.
The Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Victor Drozdov, Director Investor Relations
+7 (495) 641 33 77
Victoria Vasilyeva, Director Public Relations
+7 (495) 641 33 77
Forward looking statements
This announcement may contain forward-looking statements concerning Polyus and/or Polyus group. Generally, the words will, may, should, could, would, can, continue, opportunity, believes, expects, intends, anticipates, estimates or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.