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Published on 3/24/2010 in the Prospect News Emerging Markets Daily.

New Issue: Russia's Evraz Group prices RUB 15 billion 9¼% three-year bonds at par

By Jennifer Chiou

New York, March 24 - Evraz Group SA announced that it priced RUB 15 billion of 9¼% three-year bonds at par for issuer OOO EvrazHolding Finance.

Troika Dialog, VTB Capital and Sviaz Bank are the joint arrangers and bookrunners.

Settlement is slated for Friday.

Proceeds are earmarked for refinancing Evraz's short-term debt.

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

Issuer:OOO EvrazHolding Finance, subsidiary of Evraz Group SA
Issue:Fixed-rate bonds
Amount:RUB 15 billion
Maturity:Three years
Coupon:9¼%
Price:Par
Yield:9¼%
Bookrunners:Troika Dialog, VTB Capital and Sviaz Bank
Pricing date:March 24
Settlement date:March 26

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