15.02.2018
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RusHydro has successfully placed RUB-denominated eurobonds

February 15, 2018. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the successful placement of loan participation notes (LPNs) issued by RusHydro Capital Markets DAC.


RusHydro will use the proceeds from the RUB 20 billion eurobond issue to refinance its current loan portfolio and for general corporate purposes. The LPNs will mature in 2021 and bear an interest rate of 7.40% per annum. The following ratings have been assigned to the issue: S&P: BB+ / Moody's: Ba1 / Fitch: BB+. VTB Capital, Gazpromabank, J.P. Morgan and Sberbank CIB acted as joint lead managers on the issue.


The LPNs are listed on the Global Exchange Market of the Irish Stock Exchange.

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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