Russia’s RusHydro plans to price RUB 10 billion of 10-year bonds

By Susanna Moon

Chicago, April 22 – JSC RusHydro said it plans to price RUB 10 billion of 10-year series 09 bonds.

The company closed the bid book for its non-convertible interest-bearing bonds with mandatory centralized custody in the amount of 10 million securities with par value of RUB 1,000 per bond, according to a company notice.

The bonds are subject to a put option in 2.5 years.

The bids should have been submitted to Sberbank CIB and VTB Capital on Wednesday, the release said.

The start date of bonds placement is April 28.

RusHydro is a power generating company based in Moscow.

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