MOSCOW, Russian Federation — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading telecommunications operator and digital services provider, announces the successful issuance of RUB 15 billion in exchange-traded bonds with a maturity of 6 years and a coupon rate of 8.00%. The technical placement of the bonds will be held on July 3, 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. Over 40 bids were received during the book building process on June 25, 2019 amounting to around RUB 30 billion. As a result, the coupon rate was reduced from an initial range of 8.20-8.40% to a final rate of 8.00%.

Lead arrangers of the bonds are VTB Capital, REGION BC, and Sberbank CIB.

MTS intends to use the funds to further optimize its debt portfolio.

***

For further information, please contact in Moscow:

Investor Relations Department 
Mobile TeleSystems PJSC 
Tel: +7 495 223 2025 
E-mail: ir@mts.ru