REG-PhosAgro PJSC PhosAgro PJSC: PhosAgro Reports the Transfer of Coupon Payments by the Paying Agent to Holders of Eurobonds 2023

PhosAgro PAOAnnouncement

15/06/2022 18:15

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   PhosAgro PJSC (PHOR)
   PhosAgro PJSC: PhosAgro Reports the Transfer of Coupon Payments by the
   Paying Agent to Holders of Eurobonds 2023

   15-Jun-2022 / 20:00 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   For Immediate Release 15 June 2022

                                        

                                        

    PhosAgro Reports the Transfer of Coupon Payments by the Paying Agent to
                           Holders of Eurobonds 2023

   Moscow – PJSC PhosAgro  (Moscow Exchange, LSE: PHOR),  one of the  world’s
   leading  vertically  integrated   phosphate-based  fertilizer   producers,
   reports that Citibank N.A., London  Branch (the “Principal paying  agent”)
   has notified the Company of the  transfer of coupon payments on  Eurobonds
   issued by PhosAgro Bond Funding Designated Activity Company (the “Issuer”)
   in the amount  of USD  500,000,000, with  a coupon  rate of  3.949% and  a
   repayment date in 2023 (the “Bonds”).

   Earlier, on 6  April 2022, the  Company paid  the Issuer in  full, in  the
   amount of USD 9,872,500, to ensure that coupon payments on the Bonds  were
   made on  time. On  20 April  2022, the  Issuer instructed  Citibank  N.A.,
   London Branch, to  make coupon payments  to bondholders, although  payment
   was not completed on time due  to additional steps taken by the  principal
   paying agent. Since then,  PhosAgro has taken  all necessary measures  and
   provided all the information requested  to ensure that the coupon  payment
   is made.

   PhosAgro confirms that it is ready to fulfil its commitments with  regards
   to 2023, 2025 and 2028 Bonds, and has sufficient funds to do so.

   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 

    

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   ISIN:           US71922G2093
   Category Code:  MSCH
   TIDM:           PHOR
   LEI Code:       25340053KRUNNYUWF472
   OAM Categories: 2.2. Inside information
   Sequence No.:   168582
   EQS News ID:    1376677


    
   End of Announcement EQS News Service

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