UK markets closed

PhosAgro PJSC: Notice on coupon payment

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

PhosAgro PJSC (PHOR)
PhosAgro PJSC: Notice on coupon payment
28-Jul-2022 / 19:00 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.

For Immediate Release

28 July 2022

 

 

Notice on coupon payment

 

Moscow — PJSC PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, further to its announcement dated 26 July 2022, hereby gives a further notice with respect to the U.S.$500,000,000 3.05 per cent. Loan Participation Notes due 2025 issued by, but with limited recourse to, PhosAgro Bond Funding Designated Activity Company.

 

On 27 July 2022, PJSC PhosAgro received an approval from the Ministry of Finance of the Russian Federation authorising the payment of the balance of interest in US Dollars, in respect of the Notes, which are held through foreign nominee holders. Upon receipt of the above approval, PJSC PhosAgro has promptly arranged for the payment of the Balance to the account of PhosAgro Bond Funding Designated Activity Company with the principal paying agent for subsequent distribution among the holders holding their Notes through foreign nominee holders.

 

Earlier, the direct payments in Roubles to the holders holding the Notes through Russian nominee holders have been made.

 

About Us

 

PhosAgro (www.phosagro.ru) is one of the world’s leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher. PhosAgro’s environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.

 

The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of 39%, a top-three producer of MAP/DAP globally, one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia, and Russia’s only producer of nepheline concentrate (according to the RFPA).

 

PhosAgro’s main products include phosphate rock, more than 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 100 countries spanning all of the world’s inhabited continents. The Company’s priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

 

PhosAgro’s shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares are listed on the London Stock Exchange (under the ticker PHOR).

 

More information about PhosAgro can be found on the website: www.phosagro.ru.

 


ISIN:

US71922G2093

Category Code:

MSCU

TIDM:

PHOR

LEI Code:

25340053KRUNNYUWF472

OAM Categories:

1.3. Payments to governments

2.2. Inside information

Sequence No.:

177895

EQS News ID:

1408561


 

End of Announcement

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting