8th Apr 2016 16:36
April 8, 2016. Moscow, Russia.
RusHydro sets coupons rate under series 01 and 02 bonds
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced rates for eleventh-to twentieth coupons under series 01 bonds and coupons eleventh-to twentieth under series 02 bonds. The coupon rate is set at 9.50% per annum for all coupons under series 01 bonds and 9.50% for coupons under series 02 bonds. Income on each coupon from 11 to 20 under series 01 and 02 bonds is RUB 47.37 per bond.
Total amount payable for 11th - 20th coupons period under series 01 bonds is RUB 473,700,000.
Total amount payable for 11th - 20th under series 02 bonds is RUB 236,850,000.
In April 2011 RusHydro successfully placed series 01 and 02 bonds in the amount of RUB 15 bn each issue (state registration number 4-01-55038-E and 4-02-55038-Е respectively). The coupon rate for the first 10 coupon payments was set at 8%. The issues were 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 38.5 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
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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