16.02.2017

HMS Group successfully placed its Rub 3 bn Bond issue

Moscow, Russia – February 16, 2017 - HMS Group (LSE: HMSG) announces today that it has successfully placed Rub 3 billion exchange bonds issue of JSC “Hydromashservice”, the main operational subsidiary of the Group.

Today HMS successfully came back to the public debt capital markets with Rub 3 billion 10.75 per cent coupon exchange bonds with a 3-year put option and 10-year maturity. It was the first HMS Group debt issuance since 2013.

Following two weeks of marketing in Russia the bookbuilding was successfully completed intraday with the total demand reaching as high as Rub 11 billion. The final book was more than 3.6 times oversubscribed with orders from about 40 investors. The demand for the issue mainly came from Russian banks, asset management and investment companies.

The strong momentum in the book allowed to narrow the price guidance three times from the initial 11.00 – 11.25 percent and finally set the coupon at 10.75 percent per annum.

The Lead Managers of the transaction were Raiffeisenbank, Renaissance Capital and Sovcombank.

On February 10, 2017, Fitch Ratings has assigned the issue an expected local currency senior unsecured rating of ‘B+(EXP)’/’RR4’. HMS Group expects the issue to be included in the Lombard list of the Central Bank of Russia.

For more information, please, contact:

Inna Kelekhsaeva
Deputy Head of Capital markets
Tel: +7 (495) 730-66-01 x 1318
kelekhsaeva@hms.ru
Anna Obotnina
Head of Marketing communications
Tel: +7 (495) 730-66-01 x (600) 3304
obotnina@hms.ru

HMS Group is the leading pump and compressor manufacturer, as well as the provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).