By Susanna Moon
Chicago, June 3 - Evraz Group SA said its subsidiary OOO EvrazHolding Finance priced RUB 20 billion of five-year notes in two tranches at 8.4%.
The bonds are guaranteed by Evraz Group.
Settlement will occur on June 7 for RUB 15 billion of series 07 bonds and on June 9 for RUB 5 billion of series 05 bonds.
Proceeds will be used to refinance debt.
Gazprombank, Sviaz-Bank and Troika Dialog are the joint lead managers and bookrunners. Globex bank is a co-lead manager, and Otkritie Bank, RON Invest, Russian Agricultural Bank and Uglemetbank are underwriters.
Evraz is a Moscow-based vertically integrated steel and mining concern.
| Issuer: | OOO EvrazHolding Finance
|
| Guarantor: | Evraz Group SA
|
| Description: | Notes
|
| Amount: | RUB 20 billion
|
| Maturity: | Five years
|
| Coupon: | 8.4%
|
| Managers: | Gazprombank, Sviaz-Bank and Troika Dialog (joint lead managers and bookrunners); Globex bank (co-lead manager); Otkritie Bank, RON Invest, Russian Agricultural Bank and Uglemetbank (underwriters)
|
| Trade date: | June 3
|
| Settlement date: | June 7 for RUB 15 billion, June 9 for RUB 5 billion
|
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