JSC RusHydro 92XY RusHydro postpones the placement of domestic bonds

  JSC RusHydro (92XY) - RusHydro postpones the placement of domestic bonds

RNS Number : 7398Q
JSC RusHydro
09 November 2012
 

       RusHydro postpones the placement of RUR 40 bn of domestic bonds

November 09, 2012. JSC RusHydro  (ticker symbol: MICEX-RTS, LSE: HYDR;  OTCQX: 
RSHYY) announces  that  yesterday the  Federal  Financial Markets  Service  of 
Russia has registered the report on the results of the Company's bonds  issue: 
the four domestic bond issues valid  for 1 year since their registration  have 
expired.

The Company decided  not to  place the  securities due  to unfavorable  market 
conditions. At the same  time, RusHydro doesn't rule  out raising debt if  the 
market conditions improve.

 

About RusHydro:

RusHydro Group is one  of Russia's largest  generating companies. RusHydro  is 
the leading producer  of renewable energy  in Russia with  over 70  generating 
facilities in Russia  and abroad. The  company also manages  a number of  R&D, 
engineering and  electricity  retail  companies. Group's  thermal  assets  are 
operated by subsidiary - RAO Energy System of East in the Far East of  Russia. 
Total electricity generation capacity of the Group is 35.2 GW, heat capacity -
16.2 thousand GCal/h.

Russian Federation  owns  60.5%  in  RusHydro,  the  rest  is  held  by  other 
institutional and individual shareholders (over 360,000). The company's  stock 
is traded on the MICEX and RTS stock exchanges, and included in MSCI EM и MSCI
Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.

 

For more information:

JSC RusHydro, Investor Relations Department

Tel. +7 (495) 225-3232 ext. 1319, 1394, 1607

ir@rushydro.ru

 

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.

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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STRBKCDPPBDKNDK -0- Nov/09/2012 07:00 GMT