RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) is
undertaking all possible efforts to release coupon payment to the
holders of RusHydro Capital Markets DAC Eurobond issue due 2022
including application to OFSI for the relevant license.
March 24, 2022, PJSC RusHydro duly fulfilled its payment liabilities
by transferring funds in the amount of RUB 812,500,000 for the
subsequent coupon payment under RusHydro Capital Markets DAC Eurobond
issue due 2022 (ISIN: XS1691350455).
However the funds duly
received by the Principal Paying Agent were frozen subject to the UK
Sanctions by the Office of Financial Sanctions Implementation (OFSI)
introduced on March 24, 2022, and have not been transferred to the
On September 28, 2017, RusHydro placed a RUB 20
billion Eurobond issue (ISIN: XS1691350455) via RusHydro Capital
Markets DAC. The coupon rate was set at 8.125% per annum for
semi-annual payment. The LPNs are listed on the Global Exchange
Market of the Irish Stock Exchange under Reg S.