8 Apr 2016 08:02
April 08, 2016. Moscow, Russia.
RusHydro completed placement of RUB 15 bn of exchange-traded bonds
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) informs about successful placement of exchange-traded bonds in the total amount of RUB 15 bn.
The bond issue was placed through open subscription via accepting fixed-price bids from buyers. Volume of issue totaled RUB 15 bn. Par value of each security is RUB 1000.
The bonds mature in 3 years from the date of placement.
The securities were placed in compliance with the stock-exchange traded bond program of PJSC RusHydro (ID number 4-55038-E-001P-02E of April 9, 2015).
On April 01, 2016, the bonds have been included in the 3d listing level of MOEX.
The bonds coupon rate is 10.35%.
About RusHydro
RusHydro Group is one of Russia's largest generating companies. RusHydro is the leading producer of renewable energy in Russia with over 70 generating facilities in Russia and abroad. The company also manages a number of R&D, engineering and electricity retail companies. Group's thermal assets are operated by subsidiary - RAO Energy System of East in the Far East of Russia. Total electricity generation capacity of the Group is 38.5 GW, heat capacity - 16.2 thousand GCal/h.
Russian Federation owns 66.8% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on Moscow Exchange (MOEX), and included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.
For more information:
Investor Relations Department
Tel. +7 (800) 333 8000 ext. 1607, 1319, 1304
ir@rushydro.ru
DISCLAIMER
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," 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 from these statements.
We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.