PJSC RUSHYDRO PJSC RusHydro: S&P Global Ratings downgraded PJSC RusHydro's Issuer credit rating

Directive transparence : information réglementée

09/03/2022 13:08

PJSC RusHydro (HYDR)
PJSC RusHydro: S&P Global Ratings downgraded PJSC RusHydro's Issuer credit rating

09-March-2022 / 13:08 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

S&P Global Ratings downgraded PJSC RusHydro's Issuer credit rating

March 09, 2022. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that S&P Global Ratings downgraded PJSC RusHydro's Issuer Credit Rating to 'CCC-' from 'BBB-' and placed it on Credit Watch with negative implications.

The rating action follows the agency's commeasurable downgrade of Russia's foreign currency sovereign credit rating on 3 March 2022 to 'CCC-' from 'BBB-' (Credit Watch Negative).

The full report is available on S&P Global Ratings' website at: https://www.spglobal.com



About RusHydro


RusHydro is Russia's largest power company by installed capacity. It is the country's largest hydrogenerating company and the third in the world with over 400 generating facilities. RusHydro Group is the leading producer of renewable energy in Russia with total electricity generation capacity of 38.2 GW.


For more information:

Investor Relations Department

Tel. +7 (495) 122 0555 ext. 1304



The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.



ISIN: US7821834048, RU000A0JPKH7
Category Code: MSCL
LEI Code: 2534005TJN9DX4YWVT97
OAM Categories: 2.2. Inside information
Sequence No.: 148007
EQS News ID: 1298545

End of Announcement EQS News Service