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EVRAZ announces pricing of U.S.$750 million note issue and tender offer results
13 March 2017 - Evraz Group S.A., a wholly owned subsidiary of EVRAZ plc, together with EVRAZ plc announce that Evraz Group S.A. has priced a U.S.$750 million notes issuance with maturity in March 2023, the coupon rate of 5.375% per annum. The notes will be issued by Evraz Group S.A.
The closing and settlement are expected to be completed on 20 March 2017.
Evraz Group S.A. intends to use the net proceeds of the issue to refinance existing indebtedness, including the financing of purchases of the notes listed below to complete the Tender Offers.