PJSC RusHydro (HYDR) 
PJSC RusHydro: Fitch Ratings upgraded RusHydro's credit rating to sovereign 
grade 
 
24-Nov-2020 / 11:53 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. 
 
     Fitch Ratings upgraded RusHydro's credit rating to sovereign grade 
 
 November 24, Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; 
 OTCQX: RSHYY) announces that Fitch Ratings raised PJSC RusHydro's long-term 
 foreign currency issuer default rating to 'BBB' from 'BBB-' on November 23, 
                   2020. The rating agency affirmed the outlook at 'Stable'. 
 
     The same rating action took place towards the following PJSC RusHydro's 
                                                                local bonds: 
 
   Local bonds, Series 01, registration number 4-01-55038-E dated 23.09.2010 
 
   Local bonds, Series 02, registration number 4-02-55038-E dated 23.09.2010 
 
   Local bonds, Series 07, registration number 4-07-55038-E dated 27.12.2012 
 
   Local bonds, Series 08, registration number 4-08-55038-E dated 27.12.2012 
 
   Local bonds, Series 09, registration number 4-09-55038-E dated 27.12.2012 
 
      Such action further affirms RusHydro's status as a reliable government 
       systemic infrastructure company and a high credit quality borrower in 
                                               international capital markets 
 
                  The full report is available on Fitch Ratings' website at: 
                                                    www.fitchratings.com [1] 
 
                                                              About RusHydro 
 
 RusHydro Group is the leading producer of renewable energy in Russia. It is 
Russia's largest generating company and is the fourth in the world with over 
400 generating facilities. The Group's total electricity generation capacity 
                                     including Boguchanskaya HPP is 38.0 GW. 
 
                                                       For more information: 
 
                                               Investor Relations Department 
 
                                            Tel. +7 (495) 122 0555 ext. 1304 
 
                                                              ir@rushydro.ru 
 
      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:  MSCM 
TIDM:           HYDR 
LEI Code:       2534005TJN9DX4YWVT97 
OAM Categories: 2.2. Inside information 
Sequence No.:   88423 
EQS News ID:    1150215 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=308abd9797bf0058b10da9c00ac16104&application_id=1150215&site_id=vwd&application_name=news

(END) Dow Jones Newswires

November 24, 2020 05:53 ET (10:53 GMT)