REG - PJSC Polyus Polyus Finance PLC - Repayment of Eurobonds due 2023

Bank Of New York MellonAnnouncement

14/02/2023 14:15

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RNS Number : 9002P  PJSC Polyus  14 February 2023

 

Press
Release
         14 February 2023

PJSC Polyus

Repayment of Eurobonds due 2023

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, about the repayment of both
the final coupon and principal amount with regard to its 5.25% Notes due 2023
(Reg. S: XS1533922933; Rule 144A: US73180YAC84) (the "Notes").

The Issuer transferred the remainder of the funds earmarked for coupon
payments due August 07(th), 2022 and February 07(th), 2023 and a principal
payment for the Notes to the Bank of New York Mellon, London Branch (the
"Principal Paying Agent"). As informed by the Principal Paying Agent, these
funds were further transferred by the Principal Paying Agent to the
international clearing systems for further distribution to the holders of the
Notes whose rights are accounted for within the international clearing systems
(the "Non-resident Holders").

Earlier this month, in compliance with the terms of the Notes and current
requirements of Russian legislation , JSC Polyus Krasnoyarsk (the "Guarantor")
transferred the Russian Rouble-denominated funds as coupon due February
07(th), 2023 and principal payment to the holders of the Notes, whose rights
are accounted within the Russian custodian infrastructure (the "Domestic
Holders").

After completion of the above-mentioned transfers, the Issuer confirms the
fulfillment of its obligations towards both Domestic and Non-domestic Holders
of the Notes.

 

Polyus

Polyus is a Top-5 global 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).

 

Investor and Media contact

Victor Drozdov, Director Communications & Investor Relations (CIR)
Department

+7 (495) 641 33 77

drozdovvi@polyus.com (mailto:drozdovvi@polyus.com)

 

 

 

Forward looking statement

This announcement may contain "forward-looking statements" concerning Polyus
and/or Polyus group. Forward-looking statements are generally identified by
the words "will", "may", "should", "could", "would", "can", "continue",
"opportunity", "believe", "expect", "intend", "anticipate", "estimate" or
similar expressions. 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 expenditure, 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 difficult to predict accurately and which are beyond the control of
Polyus and/or Polyus group. Therefore, undue reliance should not be placed on
such statements, which speak only to 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.

 

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