EVRAZ announces pricing of U.S.$700m note issue

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EVRAZ announces pricing of U.S.$700 million note issue

27 March 2019 - EVRAZ plc (the "Company") announce that it has priced a U.S.$700 million notes issuance with maturity in April 2024, the coupon rate of 5.25% per annum. The notes will be issued by EVRAZ plc. The closing and settlement are expected to be completed on 2 April 2019.

The Company intends to use the net proceeds of the issue to refinance existing indebtedness, including financing of purchases of notes to complete its tender offer.

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