Published on 6/9/2016 in the Prospect News Emerging Markets Daily.
New Issue: Russia’s Evraz prices $500 million 6¾% notes due 2022 at 99.983
By Christine Van Dusen
Atlanta, June 9 – Evraz Group SA priced $500 million 6¾% notes due Jan. 31, 2022 at 99.983 to yield Treasuries plus 553.6 basis points on Thursday, a market source said.
Barclays, Gazprombank, ING, JPMorgan, Societe Generale CIB and VTB Capital were the joint bookrunners for the Regulation S deal.
Evraz is a vertically integrated steel making and mining company based in London with operations mainly in Russia.
| Issuer: | Evraz Group SA
|
| Amount: | $500 million
|
| Maturity: | Jan. 31, 2022
|
| Description: | Notes
|
| Bookrunners: | Barclays, Gazprombank, ING, JPMorgan, Societe Generale CIB, VTB Capital
|
| Coupon: | 6¾%
|
| Price: | 99.983
|
| Spread: | Treasuries plus 553.6 bps
|
| Trade date: | June 9
|
| Distribution: | Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
