MMC Norilsk Nickel: MMC NORILSK NICKEL SUCCESSFULLY PLACES USD1 BILLION EUROBONDS Not for release, distribution or publication, directly or indirectly, into or in the United States, Canada, Australia, Japan or the Russian Federation Moscow, October 28, 2013 - OJSC MMC Norilsk Nickel (hereinafter, Norilsk Nickel or the Company), the largest global nickel and palladium producer, announces today the closing of its USD 1 billion 7-year Eurobond offering with an annual coupon rate of 5.55%. The proceeds from the issue will be used for general corporate purposes and capital investments. This is the first debt instrument issued by the Company under Rule 144A/Reg S requirements, which make it eligible for qualified US investors. This bond also becomes the longest duration of any debt instrument that the Company has ever issued. The management marketed the bond offering in Europe and the US. Bank of America Merrill Lynch, Barclays, Citigroup, Société Générale and Sberbank CIB acted as Joint Lead Managers for the offering. Gazprombank acted as Financial Advisor to the Company. Sergey Malyshev, Chief Financial Officer of Norilsk Nickel, said: "We are delighted with the result of our debut 144A/Reg S transaction, achieved despite the recent volatility in global interest rates and uncertainty around the US budget and debt ceiling. This capital raising provides us with long-term financing at attractive terms and supports the ongoing re-balancing of our debt portfolio. This placement underscores the investment grade status of Norilsk Nickel and we reiterate our commitment to maintain it." For further information, please, contact: Media Relations: Investor Relations: Phone: +7 (495) 797 82 94 Phone: +7 (495) 786 83 20 Email: email@example.com Email: firstname.lastname@example.org ABOUT MMC NORILSK NICKEL: MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium. The key production units of the Company's group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa. MMC Norilsk Nickel's shares are traded on the Moscow Exchange. ADR's on the Company's shares are traded on the over the counter market in the US and on the London and Berlin stock exchanges. DISCLAIMER The information contained herein is not for release, distribution or publication, directly or indirectly, into or in the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia or Japan. These written materials are not an offer to sell or a solicitation of an offer to buy securities (the "Notes") of MMC Finance Limited or OJSC MMC Norilsk Nickel in the United States, Canada, Australia or Japan or in any other jurisdiction where such offer or sale would be unlawful. The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States. Consequently, the Notes may not be offered, sold, resold, transferred, delivered or distributed, directly or indirectly, into or within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of the Notes is being made in the United States. This document does not constitute an invitation or inducement to engage in investment activity within the meaning of the UK Financial Services and Markets Act 2000. This document is only being distributed to and is only directed at: (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). The Notes are available only to, and any invitation or offer may be directed at, or any agreement to subscribe for, purchase or otherwise acquire, any securities will be engaged in only with, in the United Kingdom, relevant persons and, in any other jurisdiction, persons to whom it can lawfully be communicated and who may lawfully engage in such investment activity. Any person in the United Kingdom who is not a relevant person should not act or rely on this announcement or any of its contents. In member states of the European Economic Area, this announcement is directed only at persons who are "qualified investors" within the meaning of article 2(1)(e) of Directive 2003/71/EC (the "Prospectus Directive"). This announcement is an advertisement and is not a prospectus for the purposes of applicable measures implementing the Prospectus Directive. This document or information contained herein is not an offer, or an invitation to make offers, to sell, exchange or otherwise transfer securities in the Russian Federation to or for the benefit of any Russian person or entity and does not constitute an advertisement or offering of securities in the Russian Federation within the meaning of Russian securities laws. Information contained in this document is not intended for any persons in the Russian Federation who are not "qualified investors" within the meaning of Article 51.2 of the Federal Law no. 39-FZ "On the Securities Market" dated 22 April 1996, as amended (the "Russian QIs") and must not be distributed or circulated into Russia or made available in Russia to any persons who are not Russian QIs, unless and to the extent they are otherwise permitted to access such information under Russian law. Any securities referred to in this document have not been and will not be registered in Russia and are not intended for "placement", "circulation", "offering" or "advertising" in Russia (each as defined in Russian securities laws) unless and to the extent otherwise permitted under Russian law ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MMC Norilsk Nickel via Thomson Reuters ONE HUG#1738603
MMC Norilsk Nickel: MMC NORILSK NICKEL SUCCESSFULLY PLACES USD1 BILLION EUROBONDS
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