RusHydro bonds of series 09 will be placed on MOEX on April 28, 2015
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that its non-convertible interest-bearing bonds of series 09 in total amount of 10 mn securities with par value of RUB 1,000 per bond and total par value of RUB 10 bn are admitted to trading on MOEX and included in non-quotation list Level 3. The start date of placement is April 28, 2015.
On April 23, 2015, RusHydro successfully finished accepting the bids for its bonds of series 09. During the book building process the Company received 20 applications from investors. As a result of marketing campaign RusHydro set the coupon rate at 12.75% per annum. Total demand for bonds amounted to around RUB 30 bn.
Sberbank CIB has been retained as an underwriter of the bonds placement. Sberbank CIB and VTB Capital act as lead managers of placement.
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.
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