EVRAZ Priced 15 Billion Rouble Bond Issue
24 March 2010 – Evraz Group S.A. (LSE: EVR) (“Evraz”) announces that it has priced a 15 billion 3-year rouble bond (approx. US$500 million) at a coupon rate of 9.25% per annum. The bonds are issued by Evraz’s subsidiary, OOO EvrazHolding Finance.
The closing and settlement is expected to be completed on 26 March 2010.
Proceeds from the issue are intended to be used to refinance Evraz’s short-term debt, thus not increasing the total debt level.
Troika Dialog, VTB Capital and Sviaz Bank are acting as Joint Arrangers and Bookrunners of the issue.
For further information:
VP, Public Relations
+7 985 122 4822
Director, Investor Relations
+7 495 232 1370