Evraz North America plans roadshow for $650 million seven-year notes

By Paul A. Harris

St. Louis, Oct. 1 - Evraz Inc. NA and Evraz Inc. NA Canada will begin a roadshow for their $650 million offering of seven-year senior notes during the Oct. 4 week, according to an informed source.

The deal is set to price during the Oct. 11 week.

Credit Suisse and Barclays Capital are the joint bookrunners for the Rule 144A for life deal. Other syndicate names are expected to be announced.

The notes come with four years of call protection.

Proceeds will be used to refinance existing intercompany debt owed to parent Evraz Group SA.

Evraz is a Portland, Ore.-based steel company with operations in the United States and Canada.

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