PJSC LUKOIL (hereinafter – the Company) reminds that the holders of the U.S.$1,500,000,000 4.563 per cent. Notes of LUKOIL International Finance B.V. guaranteed by the Company due April 24, 2023 ISIN XS0919504562 can apply for redemption of their Notes on the maturity date via direct payment option.
The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to the current situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.
Direct payment will be performed in USD in full amount (including principal and final interest) as soon as the Proof of Holding as of the Record Date is received from the respective Noteholder.
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How to apply for redemption of the Notes due 2023 via direct payment option
Step 1. Send the below documents in scan copies no later than March 20, 2023 to eurobonds@lukoil.com
- Direct Payment Application for Legal Entities
- Direct Payment Application for Individuals
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Proof of Holding from the broker/depositary as of the date which is not earlier than 3 business days before submission of the Direct Payment Application.
Statement of Account for the Purpose of Proof of Holding (a STAC) from Euroclear or Clearstream, Luxembourg sufficiently evidencing the principal amount of the Notes held on the Direct Participant's account specified in the Proof of Holding (not earlier than 3 business days before submission of the Direct Payment Application).
The Proof of Holding shall be provided in the form of a statement of account or holdings report from a Direct Participant, each acceptable form of proof of holding confirming (a) the Euroclear or Clearstream, Luxembourg Direct Participant name and account number, (b) the full name or legal entity name of the Noteholder, (c) the security and/or ISIN held, and (d) the aggregate amount of the Notes held.
Unless otherwise agreed or waived by the Company at its own discretion, each Proof of Holding and STAC being provided pursuant to this Direct Payment Application shall only be valid if duly signed by an authorized officer with stamp or seal affixed (if one is used). If no stamp or seal is attached to the Proof of Holding and STAC, such Proof of Holding and STAC shall either be notarised or accompanied by a certificate of the person issuing such Proof of Holding and STAC respectively (issued on its letterhead and duly signed) confirming that the contents of such Proof of Holding and STAC are true and accurate as of the date thereof.
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Step 2. Instruct the Direct Participant to renounce the due amount of April 2023 direct payment in the form of the below MT599 SWIFT instruction and send confirmation from Direct Participant on its letterhead with its signature to eurobonds@lukoil.com no later than March 27, 2023.
- SWIFT MT599 renunciation instruction
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Step 3. Send the Proof of Holding as of the Record Date (April 21, 2023) no later than April 26, 2023 to eurobonds@lukoil.com.
In case you cannot download the aforementioned document forms from the website please send a request by email to eurobonds@lukoil.com.
Attention
The submitted Direct Payment Application forms not accompanied with true and valid Proofs of Holding, STAC and SWIFT MT599 confirmations from Direct Participants will not be considered and will be rejected.
The Company preserves its absolute right to reject the applications for direct payment if the provided documents are not determined to be in appropriate form, such determination being solely at the Company's discretion.Timeline
Submission of Direct Payment Application, Proof of Holding and STAC February 22 – March 20 Submission of MT599 confirmation February 22 – March 27 Payment Record Date April 21 Submission of Proof of Holding as of the Record Date No later than April 26 Direct Payments From April 24 Contacts
+7 495 980 32 22
PJSC LUKOIL (hereinafter – the Company) informs the holders of the U.S.$1,000,000,000 4.750 per cent. Notes of LUKOIL International Finance B.V. guaranteed by the Company due November 2, 2026 ISIN XS1514045886/US549876AL44 that they can apply for the next interest payment due May 2, 2023 via direct payment option.
The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to a situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.
Direct payment will be performed in USD in full amount as soon as the Proof of Holding as of the Record Date is received from the respective Noteholder.
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HOW TO APPLY FOR INTEREST PAYMENT DUE MAY 2, 2023 VIA DIRECT PAYMENT OPTION
Step 1. Send the below documents in scan copies no later than April 3, 2023 to eurobonds@lukoil.com.
- Direct Payment Application for Legal Entities 2026 Notes
- Direct Payment Application for Individuals 2026 Notes
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Proof of Holding from the broker/depositary as of the date which is not earlier than 3 business days before submission of the Direct Payment Application.
Statement of Account for the Purpose of Proof of Holding (a STAC) from Euroclear, Clearstream, Luxembourg or DTC sufficiently evidencing the principal amount of the Notes held on the Direct Participant's account specified in the Proof of Holding (not earlier than 3 business days before submission of the Direct Payment Application).
The Proof of Holding shall be provided in the form of a statement of account or holdings report from a Direct Participant, each acceptable form of proof of holding confirming (a) the Euroclear, Clearstream, Luxembourg or DTC Direct Participant name and account number, (b) the full name or legal entity name of the Noteholder, (c) the security and/or ISIN held, and (d) the aggregate amount of the Notes held.
Unless otherwise agreed or waived by the Company at its own discretion, each Proof of Holding and STAC being provided pursuant to this Direct Payment Application shall only be valid if duly signed by an authorized officer with stamp or seal affixed (if one is used). If no stamp or seal is attached to the Proof of Holding and STAC, such Proof of Holding and STAC shall either be notarised or accompanied by a certificate of the person issuing such Proof of Holding and STAC respectively (issued on its letterhead and duly signed) confirming that the contents of such Proof of Holding and STAC are true and accurate as of the date thereof.
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Step 2. Instruct the Direct Participant to renounce the due amount of May 2023 direct payment in the form of the below MT599 SWIFT instruction (if the Notes are held through Euroclear or Clearstream) or Suppression letter (if the Notes are held through DTC) and send confirmation from Direct Participant on its letterhead with its signature to eurobonds@lukoil.com no later than April 10, 2023.
- Renunciation instruction MT599_2026
- TBB-Suppression Letter Template_2026
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Step 3. Send the Proof of Holding as of the Record Date (May 1, 2023*) no later than May 4, 2023 to eurobonds@lukoil.com.
* the Proof of Holding should be provided as of 28 April 2023, if the Notes are held through Euroclear or Clearstream, or as of 1 May 2023, if the Notes are held through DTC
In case you cannot download the aforementioned document forms from the website please send a request by email to eurobonds@lukoil.com.
Attention
The submitted Direct Payment Application forms not accompanied with true and valid Proofs of Holding, STAC and SWIFT MT599 or Suppression letter confirmations from Direct Participants will not be considered and will be rejected.
The Company preserves its absolute right to reject the applications for direct payment if the provided documents are not determined to be in appropriate form, such determination being solely at the Company's discretion.
Timeline
Submission of Direct Payment Application, Proof of Holding and STAC March 13 – April 3 Submission of MT599/Suppression letter confirmation March 13 – April 10 Payment Record Date May 1 Submission of Proof of Holding as of the Record Date No later than May 4 Direct Payments From May 2 Contacts
+7 495 980 32 22
PJSC LUKOIL (hereinafter – the Company) informs the holders of the U.S.$1,150,000,000 2.80 per cent. Notes of LUKOIL Capital DAC guaranteed by the Company due April 26, 2027 ISIN XS2401571448/US549875AA06 that they can apply for the next interest payment due April 26, 2023 via direct payment option.
The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to a situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.
Direct payment will be performed in USD in full amount as soon as the Proof of Holding as of the Record Date is received from the respective Noteholder.
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HOW TO APPLY FOR INTEREST PAYMENT DUE APRIL 26, 2023 VIA DIRECT PAYMENT OPTION
Step 1. Send the below documents in scan copies no later than April 3, 2023 to eurobonds@lukoil.com.
- Direct Payment Application for Legal Entities 2027 Notes
- Direct Payment Application for Individuals 2027 Notes
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Proof of Holding from the broker/depositary as of the date which is not earlier than 3 business days before submission of the Direct Payment Application.
Statement of Account for the Purpose of Proof of Holding (a STAC) from Euroclear, Clearstream, Luxembourg or DTC sufficiently evidencing the principal amount of the Notes held on the Direct Participant's account specified in the Proof of Holding (not earlier than 3 business days before submission of the Direct Payment Application).
The Proof of Holding shall be provided in the form of a statement of account or holdings report from a Direct Participant, each acceptable form of proof of holding confirming (a) the Euroclear, Clearstream, Luxembourg or DTC Direct Participant name and account number, (b) the full name or legal entity name of the Noteholder, (c) the security and/or ISIN held, and (d) the aggregate amount of the Notes held.
Unless otherwise agreed or waived by the Company at its own discretion, each Proof of Holding and STAC being provided pursuant to this Direct Payment Application shall only be valid if duly signed by an authorized officer with stamp or seal affixed (if one is used). If no stamp or seal is attached to the Proof of Holding and STAC, such Proof of Holding and STAC shall either be notarised or accompanied by a certificate of the person issuing such Proof of Holding and STAC respectively (issued on its letterhead and duly signed) confirming that the contents of such Proof of Holding and STAC are true and accurate as of the date thereof.
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Step 2. Instruct the Direct Participant to renounce the due amount of April 2023 direct payment in the form of the below MT599 SWIFT instruction (if the Notes are held through Euroclear or Clearstream) or Suppression letter (if the Notes are held through DTC) and send confirmation from Direct Participant on its letterhead with its signature to eurobonds@lukoil.com no later than April 10, 2023.
- Renunciation instruction MT599_2027
- TBB-Suppression Letter Template_2027
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Step 3. Send the Proof of Holding as of the Record Date (April 25, 2023) no later than April 28, 2023 to eurobonds@lukoil.com.
In case you cannot download the aforementioned document forms from the website please send a request by email to eurobonds@lukoil.com.
Attention
The submitted Direct Payment Application forms not accompanied with true and valid Proofs of Holding, STAC and SWIFT MT599 or Suppression letter confirmations from Direct Participants will not be considered and will be rejected.
The Company preserves its absolute right to reject the applications for direct payment if the provided documents are not determined to be in appropriate form, such determination being solely at the Company's discretion.
Timeline
Submission of Direct Payment Application, Proof of Holding and STAC March 13 – April 3 Submission of MT599/Suppression letter confirmation March 13 – April 10 Payment Record Date April 25 Submission of Proof of Holding as of the Record Date No later than April 28 Direct Payments From April 26 Contacts
+7 495 980 32 22
PJSC LUKOIL (hereinafter – the Company) informs the holders of the U.S.$1,500,000,000 3.875 per cent. Notes of LUKOIL Securities B.V. guaranteed by the Company due May 6, 2030 ISIN XS2159874002/US54988LAB27 that they can apply for the next interest payment due May 6, 2023 via direct payment option.
The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to a situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.
Direct payment will be performed in USD in full amount as soon as the Proof of Holding as of the Record Date is received from the respective Noteholder.
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HOW TO APPLY FOR INTEREST PAYMENT DUE MAY 6, 2023 VIA DIRECT PAYMENT OPTION
Step 1. Send the below documents in scan copies no later than April 3, 2023 to eurobonds@lukoil.com.
- Direct Payment Application for Legal Entities 2030 Notes
- Direct Payment Application for Individuals 2030 Notes
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Proof of Holding from the broker/depositary as of the date which is not earlier than 3 business days before submission of the Direct Payment Application.
Statement of Account for the Purpose of Proof of Holding (a STAC) from Euroclear, Clearstream, Luxembourg or DTC sufficiently evidencing the principal amount of the Notes held on the Direct Participant's account specified in the Proof of Holding (not earlier than 3 business days before submission of the Direct Payment Application).
The Proof of Holding shall be provided in the form of a statement of account or holdings report from a Direct Participant, each acceptable form of proof of holding confirming (a) the Euroclear, Clearstream, Luxembourg or DTC Direct Participant name and account number, (b) the full name or legal entity name of the Noteholder, (c) the security and/or ISIN held, and (d) the aggregate amount of the Notes held.
Unless otherwise agreed or waived by the Company at its own discretion, each Proof of Holding and STAC being provided pursuant to this Direct Payment Application shall only be valid if duly signed by an authorized officer with stamp or seal affixed (if one is used). If no stamp or seal is attached to the Proof of Holding and STAC, such Proof of Holding and STAC shall either be notarised or accompanied by a certificate of the person issuing such Proof of Holding and STAC respectively (issued on its letterhead and duly signed) confirming that the contents of such Proof of Holding and STAC are true and accurate as of the date thereof.
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Step 2. Instruct the Direct Participant to renounce the due amount of May 2023 direct payment in the form of the below MT599 SWIFT instruction (if the Notes are held through Euroclear or Clearstream) or Suppression letter (if the Notes are held through DTC) and send confirmation from Direct Participant on its letterhead with its signature to eurobonds@lukoil.com no later than April 10, 2023.
- Renunciation instruction MT599_2030
- TBB-Suppression Letter Template_2030
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Step 3. Send the Proof of Holding as of the Record Date (May 5, 2023) no later than May 10, 2023 to eurobonds@lukoil.com.
In case you cannot download the aforementioned document forms from the website please send a request by email to eurobonds@lukoil.com.
Attention
The submitted Direct Payment Application forms not accompanied with true and valid Proofs of Holding, STAC and SWIFT MT599 or Suppression letter confirmations from Direct Participants will not be considered and will be rejected.
The Company preserves its absolute right to reject the applications for direct payment if the provided documents are not determined to be in appropriate form, such determination being solely at the Company's discretion.
Timeline
Submission of Direct Payment Application, Proof of Holding and STAC March 13 – April 3 Submission of MT599/Suppression letter confirmation March 13 – April 10 Payment Record Date May 5 Submission of Proof of Holding as of the Record Date No later than May 10 Direct Payments From May 6 Contacts
+7 495 980 32 22
PJSC LUKOIL (hereinafter – the Company) informs the holders of the U.S.$1,150,000,000 3.60 per cent. Notes of LUKOIL Capital DAC guaranteed by the Company due October 26, 2031 ISIN XS2401571521/US549875AB88 that they can apply for the next interest payment due April 26, 2023 via direct payment option.
The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to a situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.
Direct payment will be performed in USD in full amount as soon as the Proof of Holding as of the Record Date is received from the respective Noteholder.
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HOW TO APPLY FOR INTEREST PAYMENT DUE APRIL 26, 2023 VIA DIRECT PAYMENT OPTION
Step 1. Send the below documents in scan copies no later than April 3, 2023 to eurobonds@lukoil.com.
- Direct Payment Application for Legal Entities 2031 Notes
- Direct Payment Application for Individuals 2031 Notes
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Proof of Holding from the broker/depositary as of the date which is not earlier than 3 business days before submission of the Direct Payment Application.
Statement of Account for the Purpose of Proof of Holding (a STAC) from Euroclear, Clearstream, Luxembourg or DTC sufficiently evidencing the principal amount of the Notes held on the Direct Participant's account specified in the Proof of Holding (not earlier than 3 business days before submission of the Direct Payment Application).
The Proof of Holding shall be provided in the form of a statement of account or holdings report from a Direct Participant, each acceptable form of proof of holding confirming (a) the Euroclear, Clearstream, Luxembourg or DTC Direct Participant name and account number, (b) the full name or legal entity name of the Noteholder, (c) the security and/or ISIN held, and (d) the aggregate amount of the Notes held.
Unless otherwise agreed or waived by the Company at its own discretion, each Proof of Holding and STAC being provided pursuant to this Direct Payment Application shall only be valid if duly signed by an authorized officer with stamp or seal affixed (if one is used). If no stamp or seal is attached to the Proof of Holding and STAC, such Proof of Holding and STAC shall either be notarised or accompanied by a certificate of the person issuing such Proof of Holding and STAC respectively (issued on its letterhead and duly signed) confirming that the contents of such Proof of Holding and STAC are true and accurate as of the date thereof.
-
Step 2. Instruct the Direct Participant to renounce the due amount of April 2023 direct payment in the form of the below MT599 SWIFT instruction (if the Notes are held through Euroclear or Clearstream) or Suppression letter (if the Notes are held through DTC) and send confirmation from Direct Participant on its letterhead with its signature to eurobonds@lukoil.com no later than April 10, 2023.
- Renunciation instruction MT599_2031
- TBB-Suppression Letter Template_2031
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Step 3. Send the Proof of Holding as of the Record Date (April 25, 2023) no later than April 28, 2023 to eurobonds@lukoil.com.
In case you cannot download the aforementioned document forms from the website please send a request by email to eurobonds@lukoil.com.
Attention
The submitted Direct Payment Application forms not accompanied with true and valid Proofs of Holding, STAC and SWIFT MT599 or Suppression letter confirmations from Direct Participants will not be considered and will be rejected.
The Company preserves its absolute right to reject the applications for direct payment if the provided documents are not determined to be in appropriate form, such determination being solely at the Company's discretion.
Timeline
Submission of Direct Payment Application, Proof of Holding and STAC March 13 – April 3 Submission of MT599/Suppression letter confirmation March 13 – April 10 Payment Record Date April 25 Submission of Proof of Holding as of the Record Date No later than April 28 Direct Payments From April 26 Contacts
+7 495 980 32 22
Information on outstanding eurobonds
| Issue date/ Maturity date | Maturity, years |
Coupon rate, % annual | Coupon frequency | Amount, $ | ISIN: REGS/ 144А |
|---|---|---|---|---|---|
| 26.10.2021/ 26.10.2031 * | 10 | 3.60 | semiannual | 1,150,000,000 | XS2401571521/ US549875AB88 |
| 26.10.2021/ 26.04.2027 * | 5.5 | 2.80 | semiannual | 1,150,000,000 | XS2401571448/ US549875AA06 |
| 06.05.2020/ 06.05.2030 ** | 10 | 3.875 | semiannual | 1,500,000,000 | XS2159874002/ US54988LAB27 |
| 02.11.2016/ 02.11.2026 *** | 10 | 4.750 | semiannual | 1,000,000,000 | XS1514045886/ US549876AL44 |
* Issued by LUKOIL Capital DAC, a wholly-owned subsidiary of PJSC LUKOIL based in Ireland.
** Issued by LUKOIL Securities B.V., a wholly-owned subsidiary of PJSC LUKOIL based in The Netherlands.
*** Issued by LUKOIL International Finance B.V., a wholly-owned subsidiary of PJSC LUKOIL based in The Netherlands.
For all enquiries related to LUKOIL Eurobonds including but not limited to the ongoing sale, servicing and cancellation please contact AC Management Company Limited (part of LUKOIL Group) with following contacts:
Menandrou 1, FROSIA HOUSE, 2nd floor, 1066 Nicosia, Cyprus
Information on bonds in USD
| Issue date/ Maturity date | Interest rate, % annual | Amount, $ | ISIN: |
|---|---|---|---|
07.06.2007/ 07.06.2022 | 6.656 | 500,000,000 | XS0304274599/ US549876AA88 |
| 09.11.2010/ 09.11.2020 | 6.125 | 1,000,000,000 | XS0554659671/ US549876AE01 |
| 05.11.2009/ 05.11.2019 | 7.250 | 600,000,000 | XS0461926569/ US549876AD28 |
| 24.04.2013/ 24.04.2018 | 3.416 | 1,500,000,000 | XS0919502434/ US549876AG58 |
| 07.06.2007/ 07.06.2017 | 6.356 | 500,000,000 | XS0304273948/ US549876AB61 |
| 16.12.2010/ 16.06.2015 | 2.625 | 1,500,000,000 | XS0563898062 |
| 05.11.2009/ 05.11.2014 | 6.375 | 900,000,000 | XS0463663442/ US549876AC45 |
| 29.11.2002/ 29.11.2007 | 3.500 | 350,000,000 | XS0158498781/ US549874AC96 |
| 03.11.1997/ 03.11.2003 | 1.000 | 350,000,000 | XS0081593781/ US549874AB14 |
| 06.05.1997/ 06.05.2002 | 3.500 | 230,000,000 | XS0075535442/ US549874AA31 |
| 21.07.1997/ 21.07.1998 | 7.500 | 125,000,000 | XS0078382396 |
| 27.09.1995/ 06.04.1996 | 0.00 | 321,470,000 | D:3009774/3009776 |
Information on bonds in RUB
| Issue date/ Maturity date | Interest rate, % annual | Amount, RUB | Series / ID: |
|---|---|---|---|
| 10.08.2009/ 06.08.2012 | 13.350 | 5,000,000,000 | BО-01 / 4B02-01-00077-A |
| 10.08.2009/ 06.08.2012 | 13.350 | 5,000,000,000 | BО-02 / 4B02-02-00077-A |
| 10.08.2009/ 06.08.2012 | 13.350 | 5,000,000,000 | BО-03 / 4B02-03-00077-A |
| 10.08.2009/ 06.08.2012 | 13.350 | 5,000,000,000 | BО-04 / 4B02-04-00077-A |
| 10.08.2009/ 06.08.2012 | 13.350 | 5,000,000,000 | BО-05 / 4B02-05-00077-A |
| 17.12.2009/ 13.12.2012 | 9.200 | 5,000,000,000 | BО-06 / 4B02-06-00077-A |
| 17.12.2009/ 13.12.2012 | 9.200 | 5,000,000,000 | BО-07 / 4B02-07-00077-A |
| 23.06.2009/ 22.06.2010 | 13.350 | 5,000,000,000 | BО-18 / 4B02-18-00077-A |
| 23.06.2009/ 22.06.2010 | 13.350 | 5,000,000,000 | BО-19 / 4B02-19-00077-A |
| 23.06.2009/ 22.06.2010 | 13.350 | 5,000,000,000 | BО-20 / 4B02-20-00077-A |
| 12.11.2004/ 17.11.2009 | 7.250 | 6,000,000,000 | 2 |
| 14.12.2006/ 08.12.2011 | 7.100 | 8,000,000,000 | 3 |
| 14.12.2006/ 05.12.2013 | 7.400 | 6,000,000,000 | 4 |
