October 3, 2017. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has been informed by the Analytical Credit Agency ACRA that on September 29, 2017 the Agency has assigned to the Company top credit rating on the national scale: AAA(Ru), outlook stable. The Agency also assigned credit rating of AAA(Ru) to the new RUB 20 bn Eurobond issue of RusHydro.

RusHydro is one of the first Russian state-owned companies and the first utility company to receive the credit rating from ACRA.

Analysts of the Agency have evaluated RusHydro as the key player in the Russian power generation market with sustainable business profile, well-developed corporate governance system and a conservative financial policy, allowing the company to support high profitability while maintaining moderate leverage. The Agency also emphasized high level of government support to the company due to critical systemic importance of the Company for the Russian economy.
Nikolay Shulginov, Chairman of the Management Board - General Director of RusHydro: “Two years of efficient work enabled us to transform the Company, attain significant growth of EBITDA and reduce leverage, as well as improve operational and investment efficiency of RusHydro Group. The rating, assigned by ACRA, reflects the results we have achieved and acknowledges high level of Company’s creditworthiness”.