OREANDA-NEWS. Mobile TeleSystems PJSC ("MTS" or "the Company" – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces the repurchase of the series 08 ruble-denominated bond ("the bond") in the amount of approximately RUB 12.89 bln

The RUB 15 billion series 08 ruble-denominated bond with maturity on November 20, 2020, and a five-year put option was issued on November 16, 2010. The coupon was to be paid semiannually at the rate of 8.15%. On November 12, 2015, MTS set a new 10.75% coupon rate for the coupon payments to be made on the series 08 ruble-denominated bond with a one-year put option.

Gazprombank, one of the Lead Arrangers of the bond, acted as the Repurchase Agent.

The bond is included in the 1st level quotation list on the Moscow Exchange.