New Issue: Russia's Evraz prices $600 million 7.4% five-year notes at par

By Aleesia Forni

Columbus, Ohio, April 18 - Evraz Group SA (Ba3/B+/BB-) priced a $600 million issue of 7.4% five-year notes at par on Tuesday, according to a market source.

Price talk was set in the 7¾% area.

As reported, Citigroup, JPMorgan and Troika Dialog were the arrangers for the Rule 144A and Regulation S notes.

Evraz is a Moscow-based steel producer.

Issuer:	Evraz Group SA
Issue:	Notes
Amount:	$600 million
Maturity:	April 24, 2017
Managers:	Citigroup, JPMorgan, Troika Dialog
Coupon:	7.4%
Price:	Par
Yield:	7.4%
Distribution:	Rule 144A and Regulation S
Trade date:	April 17
Settlement date:	April 24
Ratings:	Moody's: Ba3
	Standard & Poor's: B+
	Fitch: BB-
Price talk:	7¾% area

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