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Russia's Evraz Securities $200 million five-year notes talked at 10½% to 11%
By Reshmi Basu
New York, July 21 - Evraz Securities set guidance for its expected $200 million offering of five-year bullets (expected B3/-/B) at a yield of 10½% to 11%, according to a market source.
The proposed issue will be made up of fixed-rate guaranteed notes and is expected to be listed on the Luxembourg Stock Exchange.
Credit Suisse First Boston and ING are joint bookrunners for the Regulation S deal for the Russian steelmaker.
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