Evraz Plc EVRAZ Priced 15 Billion Rouble Bond Issue (2858R)
June 25 2015 - 12:08PM
UK Regulatory
TIDMEVR
RNS Number : 2858R
Evraz Plc
25 June 2015
EVRAZ Priced 15 Billion Rouble Bond Issue
25 June 2015 - EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it
has priced a 4-year 15 billion rouble bond (approx. US$275 million)
at a coupon rate of 12.95% per annum. The bonds are issued by
EVRAZ's subsidiary, OOO EvrazHolding Finance, and guaranteed by
Evraz Group S.A.
The closing and settlement is expected to be completed on 1 July
2015.
Proceeds from the issue will be used to refinance the EVRAZ's
existing debt, thus not increasing the total debt level.
Sberbank CIB, VTB and Sviaz-Bank are acting as Joint Lead
Managers and Bookrunners. KIT-Finance and RONIN are acting as
Co-Lead Managers.
###
For further information:
Investor Relations:
Irina Bakhturina
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
Media Relations:
Vsevolod Sementsov
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com
EVRAZ is a vertically integrated steel, mining and vanadium
business with operations in the Russian Federation, Ukraine,
Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa.
EVRAZ is among the top steel producers in the world based on crude
steel production of 15.5 million tonnes in 2014. A significant
portion of the company's internal consumption of iron ore and
coking coal is covered by its mining operations. The company's
consolidated revenues for the year ended 31 December 2014 were
US$13,061 million, and consolidated EBITDA amounted to US$2,325
million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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