28th Feb 2017 14:18
HMS Group IR Release
Moscow
February 28, 2017
HMS Hydraulic Machines & Systems Group plc
(the “Company”, and together with its subsidiaries, the “HMS Group”)
HMS Group raised Rub 800M financing from UniCredit Bank
Moscow, Russia – February 28, 2017 - HMS Group (LSE: HMSG) announces today that it has signed a credit agreement with UniCredit Bank totalling 800 million rubles.
The Bank and the company have signed a new 3-year loan facility with maturity in 2020. The credit line will be utilized for general corporate needs, including refinancing at lower interest rates its previously signed credit lines.
For more information, please, contact:
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: [email protected]Anna Obotnina, Head of Marketing communications, on telephone: +7 (495) 730-6601, or email: [email protected]
About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).
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