Evraz Plc EVRAZ Priced 20 Billion Rouble Bond Issue (7745G)
July 25 2019 - 11:31AM
UK Regulatory
TIDMEVR
RNS Number : 7745G
Evraz Plc
25 July 2019
EVRAZ Priced 20 Billion Rouble Bond Issue
EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it has priced a
5-year 20 billion rouble bond (approx. US$317 million) at a coupon
rate of 7.95% per annum. The bonds are issued by EVRAZ's
subsidiary, OOO EvrazHolding Finance, and guaranteed by EVRAZ
plc.
The book was closed on 25 July 2019.
The settlement is expected to be completed on 5 August 2019.
Proceeds from the issue will be used to refinance the EVRAZ's
existing debt (thus not increasing the total debt level) and will
help to lower the average weighted cost of debt and extend
maturities.
Sberbank CIB, VTB Capital and Alfa-Bank are acting as Joint Lead
Managers.
###
For further information:
Media Relations:
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com
Investor Relations:
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCRAMATMBTTBLL
(END) Dow Jones Newswires
July 25, 2019 11:31 ET (15:31 GMT)
Evraz (LSE:EVR)
Historical Stock Chart
From May 2024 to Jun 2024
Evraz (LSE:EVR)
Historical Stock Chart
From Jun 2023 to Jun 2024