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BRIEF-Russia's Mail.Ru Plans To Raise About $600 Mln Via Cash Capital Increase, Convertible Bonds offering

Sept 23 (Reuters) - Mail.ru Group Ltd:

* SAYS ANNOUNCES LAUNCH OF AN OFFERING OF APPROXIMATELY USD 400 MM IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED CONVERTIBLE BONDS DUE 2025

* SAYS BONDS WILL BE CONVERTIBLE INTO GLOBAL DEPOSITARY RECEIPTS (“GDRS”) OF MAIL.RU GROUP LISTED ON LONDON STOCK EXCHANGE, EACH REPRESENTING ONE ORDINARY SHARE OF MAIL.RU GROUP

* ANNOUNCES PROPOSED CASH CAPITAL INCREASE

* CAPITAL INCREASE AGAINST CASH CONTRIBUTION TARGETING FIXED GROSS PROCEEDS OF APPROXIMATELY USD 200 MM

* CAPITAL INCREASE TO BE CONDUCTED THROUGH AN ACCELERATED BOOKBUILD OFFERING OF GLOBAL DEPOSITORY RECEIPTS TO CERTAIN INSTITUTIONAL INVESTORS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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