25th Jun 2015 16:19
LONDON (Alliance News) - FTSE 250-listed steel, mining and vanadium company Evraz PLC Thursday priced a four year RUB15 billion bond at a coupon rate of 12.95% per year and said it plans to use proceeds from the bond issue to refinance its existing debt.
Sberbank CIB, VTB Bank and Sviaz-Bank are acting as joint lead managers and bookrunners, and KIT-Finance and RONIN Corp are acting as co-lead managers.
Shares in Evraz closed down 0.7% at 135.40 pence Thursday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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