22 Apr 2016 16:23
April 22, 2016.
RusHydro buys out series 01 and 02 bonds
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has completed purchase of series 01 and 02 bonds (state registration number 4-01-55038-E and 4-02-55038-Е of September 23, 2010) worth a total of over RUB 14.7 bn.
The Company bought out 9,910,821 series 01 bonds worth a total of RUB 9,910,821,000 and paid the accrued coupon in the amount of RUB 10,307,253.84; and 4,839,240 series 02 bonds worth a total of RUB 4,839,240,000 and paid the accrued coupon in the amount of RUB 5,032,809.60.
The bonds were bought back in accordance with the Resolution on bonds issue and the securities Prospectus approved by the Board of Directors on July 29, 2010.
In April 2011, RusHydro successfully placed series 01 and 02 bonds in the amount of RUB 15 bn (state registration number 4-01-55038-E and 4-02-55038-Е respectively). The coupon rate for the first 10 coupon periods was set at 8%. The issues were included in Level 1 list on MOEX.
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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.
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For more information:
Investor Relations Department
Tel. +7 (800) 333 8000 ext. 1607, 1319, 1304
ir@rushydro.ru
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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.
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