Severstal increased the price of preliminary purchase of euro bonds
Edited by Rhod Mackenzie / 2015-02-02 02:32:09
Severstal has raised the price of the preliminary purchase of euro bonds with the settlement in 2016 from $955 per each $1,000 of the main debt at the nominal price of up to $1,000 with the settlement in 2017 – from $918.75 to $975, the company reports.
“Those holders of bonds that apply for the purchase before the announcement of the price of purchase, have the right to have a higher price of purchase without the necessity of any extra actions”, Severstal says.
The deadline for applying for the preliminary purchase of euro bonds is February 4th 2015. The results of the purchase are planned to be summed up and published on February 5th 2015. The date of payment is planned for February 9th 2015.
