JSC Inter RAO UES (IRAO) - Facility Agreement of INTER RAO Credit B.V.
RNS Number : 2896S
JSC Inter RAO UES
29 November 2012
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
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
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)
Anton Nazarov Head of Public Relations +7
495 967-05-27 (ext. 2208)
Svetlana Chuchaeva Head of Corporate Relations +7 495
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
MSCBLBRTMBMTMBT -0- Nov/29/2012 07:03 GMT
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