JSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) has finished accepting the bids for its 5-year domestic bonds of series 07 and 08 with par value of RUR 10 bn each and determined the coupon rate. During marketing campaign the Company received more than 50 applications from investors with a coupon rate ranging from 8.35% to 8.6% per annum. The interest for the bonds exceeded RUR 20 bn. The bid book for bonds of series 07 and 08 was closed at 16:00 (Moscow time) on February 8, 2013. As a result of placement the rate of 1-10 coupons was set at 8.5% per annum. The bonds will be placed in total amount of RUR 20 bn. RusHydro’s bonds of series 07 and 08 are planned to be included in the Quotation list “A”, Level 1 of the MICEX Stock Exchange. The start date of bonds placement is February 14, 2013. Sberbank CIB has been retained as an underwriter of the bonds placement. Sberbank CIB, VTB Capital and Sviaz-Bank will act as lead managers of placement, co-managers will be Unicredit Bank, Baltic Financial Agency and Globexbank. The placement arrangements were approved by the Board of Directors on October 30, 2012. The Federal Financial Markets Service of Russia registered the Company’s bonds issues on December 27, 2012 (state registration numbers 4-07-55038-E and 4-08-55038-Å). The par value of each security is RUR 1,000.
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