Business map

Business map

RSS

News

27 April

EVRAZ PLC ANNOUNCES PARTIAL REDEMPTION OF THE 7.5% SENIOR SECURED NOTES DUE 2019 ISSUED BY EVRAZ INC. CANADA

EVRAZ plc (the Company) announced today that its indirect subsidiary, EVRAZ Inc. NA Canada (the Issuer), gave the notice to redeem on May 26, 2017 (“Redemption Date) a portion of its 7.5% Senior Secured Notes due 2019 (the “Notes”) equal in aggregate principal amount to $345,000,000, pursuant to Section 3.07(b) of the Notes indenture. The redemption price will be equal to 103.750% of the principal amount of the Notes redeemed plus the accrued and unpaid interest up to, but excluding, the Redemption Date.