RusHydro paid coupons on series 01 and 02 bonds
October 17, 2016. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has paid coupons on series 01 and 02 bonds (state registration number 4-01-55038-E and 4-02-55038-Е of September 23, 2010).
RusHydro has made coupon payment on series 01 and 02 bonds with a coupon rate of 9.5% per annum on October 17, 2016 (at the end of the eleventh coupon period). Total amount paid was RUB 11,839,610.43, including RUB 4,224,409.23 on series 01 bonds and RUB 7,615,201.20 on series 02 bonds. Coupon payment amounted to RUB 47.37 per bond.
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). In April 2016, the coupon rate for the 11-20th coupon periods was set at 9.5%. The Company bought out 9,910,821 series 01 bonds and 4,839,240 series 02 bonds at bondholders’ request. The issues were included in Level 1 list on MOEX.
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.