By Angela McDaniels
Tacoma, Wash., July 25 – Evraz plc priced RUB 20 billion of 7.95% five-year notes through subsidiary OOO EvrazHolding Finance, according to a company news release
Sberbank CIB, VTB Capital and Alfa-Bank were the lead managers.
Proceeds will be used to refinance Evraz’s existing debt and will help to lower the average weighted cost of debt and extend maturities.
Evraz is a London-based steel and mining company that operates mainly in Russia.
| Issuer: | OOO EvrazHolding Finance
|
| Guarantor: | Evraz plc
|
| Issue: | Notes
|
| Amount: | RUB 20 billion
|
| Maturity: | 2024
|
| Lead managers: | Sberbank CIB, VTB Capital and Alfa-Bank
|
| Coupon: | 7.95%
|
| Pricing date: | July 25
|
| Settlement date: | Aug. 5
|
|
|
© 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.
