EVRAZ Prices U.S.$1 Billion Notes IssueEvraz Group S.A., a wholly owned subsidiary of EVRAZ plc, together with EVRAZ plc announce that Evraz Group S.A. has priced an issuance of U.S.$1 billion notes due 2020 with a coupon of 6.50% per annum (the "Notes"). The Notes will be issued by Evraz Group S.A.
Closing and settlement of the Notes is expected to occur on 22 April 2012.
Evraz Group S.A. intends to use the net proceeds of the issue to refinance existing indebtedness.
The notes referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any relevant securities laws of any state or other jurisdiction and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from the registration requirements of the Securities Act.
This press release is only being distributed to and is only directed at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom who have professional experience in matters related to investments and who are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order and (iv) any other persons to whom this press release may otherwise be lawfully directed (all such persons together being referred to as “Relevant Persons”). The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.
This press release is not an offer, or an invitation to make offers, sell, purchase, exchange or transfer any securities in Russia or to or for the benefit of any Russian person, and does not constitute an advertisement, or offering of any securities in the Russian Federation or to or for the benefit of any Russian person (including legal entities) resident, incorporated, established or having their usual residence in the Russian Federation or to any person located within the territory of the Russian Federation, unless and to the extent otherwise permitted under Russian law. This communication is not intended to be and must not be distributed publicly and/or to, or for the benefit of, persons who are not "qualified investors" (in the meaning of the Russian securities laws) in Russia or are not otherwise permitted under Russian law to access such information. The securities referred to herein have not been and will not be registered in Russia or admitted to public placement and/or public circulation in Russia. The securities referred to herein are not intended for "offering", "advertising", "placement" or "circulation" (each as defined in Russian securities laws) in the Russian Federation except as permitted by Russian law.
This press release does not constitute an offer to sell or the solicitation of an offer to buy debt securities in the U.S. or any other jurisdiction.
For further information:
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370