EVRAZ Priced 15 Billion Rouble Bond Issue

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EVRAZ Priced 15 Billion Rouble Bond Issue

28 October 2010 – EVRAZ Group S.A. (LSE: EVR) (“Evraz”) announces that it has priced a 15 billion 5-year rouble bond (approx. US$490 million) at a coupon rate of 9.95% per annum. The bonds are issued by EVRAZ’s subsidiary, OOO EvrazHolding Finance, and guaranteed by EVRAZ Group.

The closing and settlement is expected to be completed on 1 November 2010.

Proceeds from the issue will be used to refinance EVRAZ’s existing debt, thus not increasing the total debt level.

Barclays Capital, Gazprombank and Troika Dialog are acting as Joint Arrangers and Bookrunners of the issue. Russia’s Sberbank and UniCredit Bank are joint lead managers of the placement.


For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370