Russia’s RusHydro plans 49 bln rbl debt redemption in 2015

MOSCOW, Jun 30 (PRIME) -- Russian hydropower giant RusHydro plans to redeem a 49 billion ruble debt in 2015, the company said Tuesday in a presentation for its financial report.

The company’s total debt amounted to 218.8 billion rubles as of the end of May, including a 129.5 billion ruble debt of RusHydro, 56.2 billion ruble debt of power utility RAO ES Vostoka, 27.9 billion rubles of guarantees for the Boguchanskaya GES plant and 5.2 billion rubles of other debts.

RusHydro also plans to redeem 28 billion rubles in 2016, 12 billion rubles in 2017, 42 billion rubles in 2018 and 55 billion rubles in the period of 2019–2041; 91% of the company’s debt is ruble-denominated, with 39% of credits provided by state-controlled banks and 30% attracted through public instruments, the company said.

(55.5240 rubles – U.S. $1)

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