HMS Group IR Release
July 4, 2017
HMS Hydraulic Machines & Systems Group plc
(the “Company”, and together with its subsidiaries, the “HMS Group”)
HMS Group raised Rub 4.9 BN financing from Sberbank
Moscow, Russia – July 4, 2017 - HMS Group (LSE: HMSG) announces today that it has signed a number of credit agreements with Sberbank totalling 4.9 billion rubles.
These 5-year uncommitted credit facilities will be utilized for general corporate needs, including refinancing at lower interest rates HMS’ current credit lines. A portion of the credit facilities will be kept undrawn as a reserve.
For more information, please, contact:
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: firstname.lastname@example.org
Anna Obotnina, Head of Marketing communications, on telephone: +7 (495) 730-6601, or email: email@example.com
About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as 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).
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