NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
EVRAZ announces pricing of U.S.$700 million note issue and tender offer results
27 March 2019 - EVRAZ plc (the "Company") announce that it has priced a U.S.$700 million notes issuance with maturity in April 2024, the coupon rate of 5.25% per annum. The notes will be issued by EVRAZ plc. The closing and settlement are expected to be completed on 2 April 2019.
The Company intends to use the net proceeds of the issue to refinance existing indebtedness, including the financing of purchases of the notes listed below to complete the Tender Offer.
31 January 2019 — EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today released its trading update for the fourth quarter and full year of 2018.
EVRAZ plc ("EVRAZ", the "Company" and together with its subsidiaries, the "Group") announces today that it has signed a Deed of Amendment (“Transaction”) in relation to the Long-Term Transshipment Agreement (“LTA”) which was signed as part of the disposal of Joint Stock Company EVRAZ Nakhodka Trade Sea Port (the "Nakhodka Port") to EVRAZ’ majority shareholder Lanebrook Limited ("Lanebrook") on 3 May 2017 and which was approved by the independent shareholders of the Company on 23 May 2017.