The facility will be used to finance the current operating, financial and investing activities of the Company as well as to refinance liabilities of RAO ES of East Holding (part of RusHydro Group) owed to commercial banks.
This will result in optimization of the company’s debt portfolio by reducing the cost of borrowed financing and increased maturity of loans.
The loan agreement was approved by RusHydro’s Board of Directors on December 3, 2013.
