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Published on 1/25/2010 in the Prospect News Emerging Markets Daily.

Correction: Russia's Evraz Group has $509.2 million 9½% notes outstanding

The Jan. 20 issue of Prospect News Emerging Markets Daily incorrectly reported the amount outstanding of Evraz Group SA's 9½% notes due 2018, based on a duplicate press release from the company that was the result of an "operational error." A corrected version follows:

By Susanna Moon

Chicago, Jan. 19 - Evraz Group SA said it repurchased $2 million of its 9½% notes due 2018 on Dec. 4.

After the buyback, there is $509.2 million of the notes outstanding.

Evraz is a Moscow-based vertically integrated steel and mining concern.


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