EVRAZ Priced 20 Billion Rouble Bond Issue

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EVRAZ Priced 20 Billion Rouble Bond Issue

3 June 2011 – EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) announces that it has priced a 20 billion 5-year rouble bond (approx. US$710 million) at a coupon rate of 8.40% 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 7 June 2011 for the RUB 15 billion bonds series 07 and on 9 June 2011 for RUB 5 billion bonds series 05.

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

Gazprombank, Sviaz-Bank and Troika Dialog are acting as Joint Lead Managers and Bookrunners. GLOBEX bank is a Co-lead Manager, and OTKRITIE Bank, RON Invest, Russian Agricultural Bank, Uglemetbank are Underwriters.


For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871

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