RusHydro paid coupons on series 07 and 08 bonds
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has paid coupons on series 07 and 08 bonds (state registration number 4-07-55038-E and 4-08-55038-Е of December 27, 2012).
In accordance with the Decision on securities issue RusHydro made coupon payment on series 07 and 08 bonds with a coupon rate of 8.5% per annum on February 13, 2014 (at the end of the second coupon period).
The amount paid totaled RUB 847,600,000, including RUB 423,800,000 on series 07 bonds and RUB 423,800,000 on series 08 bonds. Coupon payment amounted to RUB 42.38 per bond.
In February 2013 RusHydro successfully placed series 07 and 08 bonds in total amount of RUB 20 bn (state registration number 4-07-55038-E and 4-08-55038-Е respectively). The coupon rate for the first 10 coupon payments was set at 8.5% per annum. The issues were included in the in the Quotation list ‘A’ Level 1 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.
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