IFC METROPOL acted as the leading co-organizer in the bond issue by OJSC RusHydro.
IFC METROPOL acted as the leading co-organizer and
entered a syndicate for placement of nonconvertible ruble bonds
series 01 and 02 by OJSC RusHydro for a total of 15
Series 01 and 02 RusHydro bonds are included in first level
Quotation List A of the MICEX Stock Exchange. The demand for the
bonds reached 22.6 billion rubles, and bond placement attracted
attention of a wide range of investors with 73 requests
The placement of documented inconvertible interest-bearing bonds
will start on April 25, 2011. The offer period is five years. The
issue procedure is determined by the Resolutions on securities
issue approved by RusHydro Board of Directors on July 29, 2010
(Minutes No. 104 of August 02, 2010).
OJSC RusHydro is the largest Russian generating
company in term of installed capacity. RusHydro is the leader in
energy production based on renewable sources developing generation
based on the energy of water flow, tide, wind and geothermal
energy. The installed capacity of RusHydro is 26.1 GW.
As of April 1, 2011, the Russian Federation holds 57.96% of
RusHydro’s authorized capital, while minority shareholders own
42.0% of shares. The Company has 288,695,430,802 issued shares.
RusHydro has over 360,000 shareholders. The Company’s securities
are traded at MICEX and RTS on quotation list A1. In July 2008, a
global depositary receipt program was opened, and in July 2009
depositary receipts were allowed for circulation in the regulated
sector of the International Order Book (IOB) of the London Stock
Exchange (LSE). In August 2008, shares of RusHydro were included in
the MSCI EM and MSCI Russia indexes.
RusHydro holds the following ratings: Moody’s Ba1, Fitch Ratings
BB+, Standard & Poor's BB+
Investment Financial Company METROPOL was
established in 1995. It provides brokerage services, services for
participation in reorganization, purchase and sale transactions,
crisis management, attracting borrowed and equity capital, sale of
assets, financial and corporate consulting. The Company arranges
IPO, secondary emission and allocation of private blocks of shares.
The National Rating Agency assigned to IFC METROPOL an individual
reliability rating of AAA (maximum reliability).