Sberbank CIB and RusHydro arranged guarantee for Kamchatskenergo and Sakhalinenergo in the amount of RUR 4.6 bn
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) provides guarantee to secure the 8-year loans of Kamchatskenergo and Sakhalinenergo obtained from Sberbank Group in total amount of RUR 4.625 bn aimed to refinance current liabilities of the Far Eastern subsidiaries of RusHydro.
The guarantee agreement was approved by the Board of Directors of RusHydro on December 3, 2013. The transaction was prepared by Sberbank CIB together with Far Eastern and North Western Bank of Sberbank of Russia.
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