Evraz places bonds in North America at 7.5% per annum
Edited by Rhod Mackenzie / 2014-11-06 12:46:21
The Russian mining and metallurgical company Evraz has announced that its subsidiary EVRAZ Inc. NA Canada (EICA) has determined the coupon rate in the amount of 7.5% on senior secured bonds to the total amount of $350 million with maturity in 2019.
The bonds are placed by closed subscription and in accordance with the requirements of the US Securities Act dated 1933, they are not subject to registration. It is expected that the placement will be completed on November 7th, 2014 upon condition of fulfilment of necessary formalities.
