Company profile

GRI: 102-2

PHOSAGRO IS THE LARGEST SUPPLIER OF MINERAL FERTILIZERS IN THE RUSSIAN MARKET

The Group’s principal activity is the production of phosphate rock and mineral fertilizers at plants located in the cities of Kirovsk (Murmansk Region), Cherepovets (Vologda Region), Balakovo (Saratov Region) and Volkhov (Leningrad Region) and their distribution in Russia and abroad. Our parent company, PJSC PhosAgro, was incorporated in October 2001.

The Group’s operations are primarily located in Russia and as such are exposed to the Russian domestic economy and financial markets.

With the benefits of our production chain, we are able to switch up to 50% of our phosphate production from DAP/MAP to NPK, depending on the market situation. Relying on a flexible sales model, PhosAgro readily meets demand for environmentally friendly and safe fertilizers from farmers around the world.

Phosagro is the largest supplier of mineral fertilizers in the russian market

Shares

  • Ticker PHOR

    PhosAgro’s shares and global depositary receipts (GDRs) are traded on the Moscow Exchange and the London Stock Exchange, respectively.

    The Company’s GDRs have been included in the MSCI Russia (weight: 0.61%) and MSCI Emerging Markets indexes.

Bonds

  • Borrower:
    PJSC PhosAgro
    Issuer:
    PhosAgro Bond Funding Limited
    Settlement date:
    3 May 2017
    Principal outstanding, USD:
    500,000,000
    Guarantors:
    Apatit, PhosAgro-Cherepovets
  • Borrower:
    PJSC PhosAgro
    Issuer:
    PhosAgro Bond Funding Limited
    Settlement date:
    24 January 2018
    Principal outstanding, USD:
    500,000,000
    Guarantors:
    Apatit

PhosAgro’s credit ratings

Standard & Poor’s
BBB- Outlook: Stable Affirmation date: 21 February 2020

Moody’s
Baa3 Outlook: Stable Assignment date: 28 January 2018

Fitch
BBB- Outlook: Stable Assignment date: 9 February 2018