By Devika Patel
Knoxville, Tenn., Oct. 28 - Evraz Group SA said it priced a RUB 15 billion issue of 9.95% five-year bonds.
The bonds will be issued by Evraz's subsidiary, OOO EvrazHolding Finance, and guaranteed by Evraz Group.
Barclays Capital, Gazprombank and Troika Dialog will be the joint arrangers and bookrunners. Russia's Sberbank and UniCredit Bank are joint lead managers.
Settlement is expected Nov. 1.
Proceeds will be used for debt refinancing.
Evraz is a Moscow-based vertically integrated steel and mining concern.
| Issuer: | OOO EvrazHolding Finance
|
| Guarantor: | Evraz Group SA
|
| Issue: | Series 07 and series 08 bonds
|
| Amount: | RUB 15 billion
|
| Maturity: | Five years
|
| Coupon: | 9.95%
|
| Warrants: | No
|
| Bookrunners: | Barclays Capital, Gazprombank and Troika Dialog
|
| Lead managers: | Sberbank and UniCredit Bank
|
| Pricing date: | Oct. 28
|
| Settlement date: | Nov. 1
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
