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RusHydro sets coupons rate under series 09 bonds

By LSE RNS

RNS Number : 7403T
PJSC RusHydro
16 October 2017
 

RusHydro sets coupons rate under series 09 bonds

 

October 16, 2017. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced rate for 6 coupon under series 09 bonds is set at 7.50% per. annum. The coupon rate from 7 to 16 under series 09 is set at the same level.

 

In April 2015 RusHydro successfully placed series 09 bonds in the amount of RUB 10 bn issue (state registration number 4-09-55038-E). The coupon rate for the first  - to five coupon payments was set at 12.75%. The issue was included in the Quotation list 'A' Level 1 on MOEX.

 

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 38.6 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.

 

 

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You 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, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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