Evraz to buy back 2 Eurobond issues maturing in 2018 early - Prime

September 26, 2017 Prime
U.K.-based mining giant Evraz, which operates mainly in Russia, will repay the remaining amount of U.S. $700 million and $850 million issues of Eurobonds maturing in 2018 on October 27, 2017, the company said in a statement on Monday.

The yield of the $700 million Eurobond issue is 9.5% and of the $850 million one $6.75% annually.

Evraz placed $750 million 6-year Eurobonds at 5.375% in March and bought back $681 million of three issues of Eurobonds maturing in 2018 and 2020.
  • Status
    early redeemed
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    195,907,000 USD
  • М/S&P/F
    — / — / —
Company — Evraz
  • Full name
    EvrazHolding (Evraz Group Russia)
  • Registration country
    Russia
  • Industry
    Ferrous metals