Washington, D.C. 20549


Report of Foreign Issuer
March 7, 2018


Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934


Commission file number:  333-12032


Mobile TeleSystems PJSC

(Exact name of Registrant as specified in its charter)

Russian Federation

(Jurisdiction of incorporation or organization)


4, Marksistskaya Street
Moscow 109147
Russian Federation

(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.


Form 20-F   x   Form 40-F   o


Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.


Yes   o   No   x






MTS Issued Two Exchange-Traded Bonds Totaling RUB 20 bln


March 7, 2018


Moscow, Russian Federation — MTS PJSC (“MTS” — NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces that it has successfully completed the placement of Series 001P-05 and Series 001P-06 exchange-traded bonds totaling RUB 20 bln on the Moscow Exchange (MOEX).


The Series 001P-05 bond issue in the amount of RUB 10 bln was placed with a semi-annual coupon rate of 7.10% and a maturity of 3.5 years. The Series 001P-06 bond issue in the amount of RUB 10 bln was placed with a semi-annual coupon rate of 7.25% and a maturity of 7 years. The nominal price of the bonds is set at RUB 1,000, the coupon period - 182 days, the placement price — 100% of nominal value.


The book building took place on March 1, 2018. The initial coupon range for the Series 001P-05 bond issue was set at 7.25-7.40% and for the Series 001P-06 bond issue — at 7.40-7.60%. In the course of book building investors submitted over 60 applications for a total value of RUB 50 bln, which allowed to decrease twice the coupon range with the final rates set at 7.10% for the Series 001P-05 bond issue and 7.25% for the Series 001P-06 bond issue.


Alexey Kornya, Vice President for Finance, Investments, Mergers & Acquisitions, MTS, commented:


“The results of this placement once again underline MTS’ high credit quality, our strong financial and operating results, as well as our leading position in the market. The 7.10% coupon rate set for the Series 001P-05 bond issue is a record-low rate among non-financial issuers, which have come to market in recent years, in the real sector of the Russian economy.”


The lead arrangers of the bonds were BCS GM LLC, Raiffeisenbank JSC and Russian Agricultural Bank JSC.


The raised funds will be used for further optimization of MTS’s debt portfolio and other corporate needs.




For further information, please contact in Moscow:


Joshua B. Tulgan

Director, Department of Corporate Finance and Investor Relations

Mobile TeleSystems PJSC

Tel: +7 495 223 2025



Learn more about MTS. Visit the official blog of the Investor Relations Department at


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Mobile TeleSystems PJSC (“MTS” - NYSE:MBT; MOEX:MTSS), the leading telecommunications group in Russia and the CIS, provides a range of mobile and fixed-line communications services. We serve over 100 million mobile subscribers in Russia, Ukraine, Armenia, Turkmenistan, and Belarus, and about 9 million customers of fixed-line services, including fixed voice, broadband internet, and pay-TV. To keep pace with evolving customer demand, MTS is redefining what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments, including Big Data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage our market-leading retail network as a platform for customer services and sales of devices and accessories. For more information, please visit:


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Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might,” and the negative of such terms or other similar expressions.  We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not undertake or intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company’s most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, governmental regulation of the telecommunications industries and other risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.





Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.













/s/ Andrei Dubovskov




Andrei Dubovskov









Date:   March 7, 2018