EVRAZ received a loan from ALFA-BANK

EVRAZ received a loan from ALFA-BANK

15 July 2015 - On 13 July 2015 EVRAZ received a new unsecured US$200 million 4-year loan due in 2019 from ALFA-BANK. The loan has been borrowed by EVRAZ NTMK and guaranteed by EVRAZ ZSMK and EVRAZ Plc. Its proceeds will be used for refinancing financial indebtedness.

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EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world based on crude steel production of 15.5 million tonnes in 2014. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31 December 2014 were US$13,061 million, and consolidated EBITDA amounted to US$2,325 million.