PJSC RusHydro (HYDR)
RusHydro signs guarantee agreement with PJSC Credit Bank of Moscow
September 13, 2019. Moscow, Russia. PJSC RusHydro entered into a deed of guarantee (hereinafter Guarantee) with PJSC Credit Bank of Moscow. According to the Guarantee PJSC RusHydro obliges to be liable to PJSC Credit Bank of Moscow for JSC FEGC (subsidiary RusHydro Group) execution of all obligations under the agreement regarding a revolving loan facility number 3/19 dated August 12, 2019 (hereinafter Loan Facility Agreement) signed by PJSC Credit Bank of Moscow and JSC FEGC for 7 years with limit up to RUB 10 bn.
RusHydro Group is the leading producer of renewable energy in Russia. It is Russia's largest generating company and is among the top-5 in the world with over 400 generating facilities in Russia and abroad. The Group's total electricity generation capacity including Boguchanskaya HPP is 39.4 GW.
Russian Federation owns 61.20% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on the Moscow stock exchange, and is included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.
For more information:
Investor Relations Department
Tel. +7 (495) 122 0555 ext. 1607, 1319, 1304
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.
|OAM Categories:||2.2. Inside information|
|EQS News ID:||873561|
|End of Announcement||EQS News Service|