REG-PhosAgro PJSC PhosAgro PJSC: PhosAgro obtained approval from Eurobond holders to change the payment mechanism for debt securities

PhosAgro PAOAnnouncement

07/10/2022 17:45

============

   PhosAgro PJSC (PHOR)
   PhosAgro PJSC: PhosAgro obtained approval from Eurobond holders to change
   the payment mechanism for debt securities

   07-Oct-2022 / 19:38 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

                                        

     PhosAgro obtained approval from Eurobond holders to change the payment
                         mechanism for debt securities

   Moscow  –  PhosAgro   (Moscow  Exchange,  LSE:   PHOR)  ("PhosAgro",   the
   "Company"),   one   of   the   world’s   leading   vertically   integrated
   phosphate-based fertilizer  producers,  has  received  approval  from  the
   holders of all of its Eurobond issues to change the payment mechanism  and
   terms of service for debt securities.

   These changes are  mainly aimed  at reducing  the risks  of servicing  the
   Eurobonds, and in  providing that payments  can be made  both through  the
   main paying agent and directly to Noteholders.

   The Company thanks its Noteholders  for their active participation in  the
   approval procedure. The Company is committed to acting for the benefit  of
   the Noteholders and to ensuring the proper servicing of its debt.

   About the Company

   PhosAgro ( 1 www.phosagro.ru) is a  vertically integrated Russian  company
   and  one  of  the  world’s   leading  producers  of  mineral   phosphorous
   fertilizers and of  high-grade apatite  concentrate grading  39% P2O5  and
   higher. PhosAgro’s fertilizers are highly effective, ensuring the improved
   quality of agricultural produce and  avoiding soil contamination by  heavy
   metals.

   PhosAgro Group is the largest manufacturer of phosphate-based  fertilisers
   in Europe  (by  total  capacity  of  NAP/MAP/NP/NPK/NPS  production),  the
   largest producer of phosphite  grading 39% P2O5  in  the world and one  of
   the leading global producers of ammonium and diammonium phosphate, one  of
   Europe’s leading and the only producer in Russia of monocalcium  phosphate
   feed, and the only producer in Russia of nepheline concentrate.

   The company’s  main  products,  including  phosphite,  over  50  types  of
   fertilizer, phosphate  feed, ammonium,  and sodium  tripolyphosphate,  are
   used in  over 102  countries  on all  inhabited continents.  Our  priority
   markets, besides Russia and the CIS, are Latin America, Europe, and Asia.

   The company's shares  are listed  on the  Moscow Exchange  and its  Global
   Depositary Receipts (GDRs) are listed  on the London Stock Exchange  (MOEX
   and LSE ticker: PHOR).

   More  information  about  PhosAgro  PJSC   can  be  found  on  our   site:
    2 www.phosagro.ru 

    

    

    

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          US71922G2093
   Category Code: MSCU
   TIDM:          PHOR
   LEI Code:      25340053KRUNNYUWF472
   Sequence No.:  193308
   EQS News ID:   1459573


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    3 fncls.ssp?fn=show_t_gif&application_id=1459573&application_name=news&site_id=reuters8

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=443ca16678306c21ad7d78a6b83a5230&application_id=1459573&site_id=reuters8&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=443ca16678306c21ad7d78a6b83a5230&application_id=1459573&site_id=reuters8&application_name=news


============