By Reshmi Basu
New York, Sept. 27 - Evraz Securities SA priced a $150 million add-on to its 10 7/8% eurobond due 2009 at 102 to yield 10.33%, according to market sources.
The addition brings the total amount outstanding to $300 million.
Credit Suisse First Boston (Europe) and ING were lead managers for the issue.
Evraz Securities is a Russian steel company.
The original $150 million was priced on July 27 at par in an offering downsized from $200 million.
Issuer: Evraz Securities SA
Amount: $150 million
| Issue: | Add-on to 10 7/8% eurobond due 2009
|
| Maturity: | Aug. 3, 2009
|
| Coupon: | 10 7/8%
|
| Issue price: | 102
|
| Yield: | 10.33%
|
| Pricing date: | Sept. 27
|
| Settlement date: | Sept. 30
|
| Managers: | | Credit Suisse First Boston, ING
|
| Ratings: | Moody's: B3
|
| Fitch: B
|
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