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

EvrazAnnouncement

19/03/2016 16:16

RNS Number : 6246S
Evraz Plc
18 March 2016
EVRAZ Priced 15 Billion Rouble Bond Issue
18 March 2016 - EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it has priced a 5-year 15 billion rouble bond (approx. US$219 million) at a coupon rate of 12.6% per annum. The bonds are issued by EVRAZ's subsidiary, OOO EvrazHolding Finance, and guaranteed by Evraz Group S.A.
The book was closed on 18 March 2016.
The settlement is expected to be completed on 29 March 2016. 
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 Rosselkhozbank are acting as Joint Lead Managers and Bookrunners. 
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For further information:
Investor Relations:
Irina Bakhturina
Director, Investor Relations
London: +442078328990 Moscow: +74952321370
ir@evraz.com
Media Relations: 
London: +442078328998  Moscow: +74959376871
media@evraz.com

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