Mobile TeleSystems Public Joint Stock Company announced the issuance of RUB 10 billion in exchange-traded series 001P-19 bonds with a maturity of 3 years and a coupon rate of 11.69%. The technical placement of the bonds will be held no later than May 13, 2022 on the Moscow Exchange (MOEX). The nominal price of the bonds is set at RUB 1,000, the coupon period at 91 days, and the price of placement at 100% of nominal value.

During the book building held on April 22 the annual coupon was fixed at a final rate of 11.69%. The bonds are planned to be included in MOEX's Level I Quotation List, with a credit rating expected from the Expert RA agency. B? Region served as lead bond arranger and issuer.

MTS intends to use the funds for general corporate purposes and optimization of its debt portfolio.