JSC Inter RAO UES IRAO Facility Agreement of INTER RAO Credit B.V.

  JSC Inter RAO UES (IRAO) - Facility Agreement of INTER RAO Credit B.V.

RNS Number : 2896S
JSC Inter RAO UES
29 November 2012




                              Facility Agreement

                between INTER RAO Credit B.V. and Gazprombank



Moscow, November 29, 2012 - Open  Joint Stock Company "INTER RAO UES"  ("INTER 
RAO UES", "Company", ticker on MICEX-RTS, LSE (Reg. S): IRAO; on LSE (Rule 144
A): IRAA), the largest diversified utilities holding in Russia, announces that
on November 26, 2012 INTER RAO Credit B.V. ("Borrower"),a company  controlled 
by INTER RAO UES,  has entered into  a Facility Agreement  for a period  until 
November 01, 2019 with  Open Joint-Stock Company Gazprombank  ("Gazprombank"), 
under which  Gazprombank  opened a  credit  line  to the  Borrower,  and  the 
Borrower shall repay  the credit obtained  under the credit  facility, to  pay 
interest and perform other obligations under the said Agreement.

The debt limit  under the  foresaid Facility Agreement  is 6,500,000,000  RUB 
(approx. £130,000,000),

Transaction amount  is  11,906,370,986 RUB  (approx.£238,127,419),  including 
interest for the credit line, which is 86.80% of the total assets ofINTER RAO
Credit B.V.

The Facility Agreement  as of  November 26, 2012  is a  major transaction  for 
INTER RAO  Credit B.V.  and has  been approved  on November  16, 2012  by  its 
Supervisory Board and its Sole Shareholder.

INTER RAO UES  has been  informed on execution  of the  Facility Agreement  on 
November 28, 2012.

The foregoing information is disclosed  in compliance with the Securities  Act 
of the Russian Federation.



For further information, please contact INTER RAO UES:



Irina Makarenko Head of Investor Relations +7 495
967-05-27 (ext. 2008)

makarenko_ia@interrao.ru

Anton Nazarov  Head of  Public Relations  +7 
495 967-05-27 (ext. 2208)

nazarov_aa@interrao.ru

Svetlana Chuchaeva   Head  of Corporate  Relations   +7  495 
967-05-27 (ext.2081)

  chuchaeva_sy@interrao.ru



INTER RAO UES is a diversified  utilities holding headquartered in Moscow  and 
managing assets  in  different  countries.  The  company  produces  and  sells 
electric energy  and heat,  trades  energy on  the international  market,  and 
engineers, designs and builds generating assets.INTER RAO UES Group owns  and 
operates approximately 32,000 MW of installed power generating capacity. INTER
RAO UES corporate strategy  is focused on making  the company a global  energy 
enterprise and a key player in the international energy market.

For further information see www.interrao.ru



This announcement is not  intended to, and does  not constitute, or form  part 
of, an offer to sell or an  invitation to purchase, exchange or subscribe  for 
any securities in any  jurisdiction. This announcement  does not constitute  a 
prospectus or a prospectus equivalent document.







                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCBLBRTMBMTMBT -0- Nov/29/2012 07:03 GMT
 
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