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PJSC RusHydro: RusHydro signs guarantee agreement with PJSC Bank Otkritie


PJSC RusHydro (HYDR)
PJSC RusHydro: RusHydro signs guarantee agreement with PJSC Bank Otkritie

04-Feb-2022 / 11:06 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


RusHydro signs guarantee agreement with PJSC Bank Otkritie

 

February 03, 2022. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced signing of guarantee agreement with Bank Otkritie (PJSC). PJSC RusHydro obliges to be responsible for obligations of JSC Far Eastern Hydrogenating Company (JSC DGK) regarding revolving loan facility for 7 years with limit of up to RUB 10 bn.

The maximum interest rate on the loans under the line of credit is equal to key rate set by the Central Bank of the Russian Federation plus 2.35 percent per annum.

 

 

 

About RusHydro

RusHydro is Russia's largest power company by installed capacity. It is the country's largest hydrogenerating company and the third in the world with over 400 generating facilities. RusHydro Group is the leading producer of renewable energy in Russia with total electricity generation capacity of 38.2 GW.

 

 

For more information:

Investor Relations Department

Tel. +7 (495) 122 0555 ext. 1304

[email protected]

 

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.

 



ISIN: US7821834048, RU000A0JPKH7
Category Code: MSCM
TIDM: HYDR
LEI Code: 2534005TJN9DX4YWVT97
OAM Categories: 2.2. Inside information
Sequence No.: 141052
EQS News ID: 1276867

 
End of Announcement EQS News Service

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Federal Hydro-Generating Company RusHydro PAO ADR Stock

€0.45
-23.080%
Heavy losses for Federal Hydro-Generating Company RusHydro PAO ADR today as the stock fell by €0.000 (-23.080%).

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