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Mobile TeleSystems

March 23, 2020

MTS raises RUB 45 bn loan from VTB

MOSCOW, Russia — MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading mobile connectivity and digital services provider, announces the raising of a five-year RUB 45 bn loan from VTB Bank.

The loan is being extended under a RUB 80 bn revolving credit line that was opened in May 2018. MTS earlier raised a RUB 30 bn loan in February 2020 under the same credit line to refinance outstanding debt.

MTS intends to use the obtained funds to further optimize the company’s debt portfolio and for general corporate purposes.

* * *

For further information, please contact in Moscow
Investor Relations Department 
Mobile TeleSystems PJSC 
Tel: +7 495 223 2025 
E-mail: ir@mts.ru 

 

 

 

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