REG - Evraz Plc - EVRAZ Priced 15 Billion Rouble Bond Issue <Origin Href="QuoteRef">EVRE.L</Origin>

EvrazAnnouncement

16/07/2015 12:46

RNS Number : 2858R
Evraz Plc
25 June 2015
EVRAZ Priced 15 Billion Rouble Bond Issue
25 June 2015 - EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it has priced a 4-year 15 billion rouble bond (approx. US$275 million) at a coupon rate of 12.95% per annum. The bonds are issued by EVRAZ's subsidiary, OOO EvrazHolding Finance, and guaranteed by Evraz Group S.A.
The closing and settlement is expected to be completed on 1 July 2015. 
Proceeds from the issue will be used to refinance the EVRAZ's existing debt, thus not increasing the total debt level.
Sberbank CIB, VTB and Sviaz-Bank are acting as Joint Lead Managers and Bookrunners. KIT-Finance and RONIN are acting as Co-Lead Managers.
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For further information:
Investor Relations:
Irina Bakhturina
Director, Investor Relations
London: +442078328990 Moscow: +74952321370
ir@evraz.com
Media Relations: 
Vsevolod Sementsov
VP, Corporate Communications
London: +442078328998  Moscow: +74959376871
media@evraz.com
EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world based on crude steel production of 15.5million tonnes in 2014. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31December 2014 were US$13,061million, and consolidated EBITDA amounted to US$2,325million. 

This information is provided by RNS
The company news service from the London Stock Exchange
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