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Published on 4/18/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Russia's Evraz whispers up to $1 billion seven-year notes at 6.7%-7%

By Christine Van Dusen

Atlanta, April 18 - Russia's Evraz Group SA whispered its planned offering of up to $1 billion seven-year notes at a 6.7% to 7% yield, a market source said Monday.

Goldman Sachs, ING and VTB Capital are the bookrunners for the Rule 144A and Regulation S notes.

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


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