PJSC Polyus (LSE, MOEX: PLZL) («Polyus» or the «Company») notes the announcement made earlier today by Polyus Finance plc (the «Issuer»), an indirect wholly-owned subsidiary of the Company, that the Bank of New York Mellon, London Branch (the «Principal Paying Agent») confirmed the release of the payment of the principal amount and coupon for Notes due 28 March 2022 in full (Reg S: XS1405766384; 144A: US73180YAB02).
Hereby, the Issuer has fulfilled its commitment on servicing debt obligations and confirms its intention to timely comply with its obligations going forward.
Polyus is the world’s fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold ore reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
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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.