Evraz Group S.A. Redeemed Eurobonds with maturity in 2015 in the amount of 850 thousand dollars, in addition purchased and redeemed on December 22, amounting to 438 million dollars, according to the report of the organization.
after expiration of the tender offer statement remain the bonds in the amount of $ 137 million. Purchased and redeemed bonds constitute 76% of the total number of bonds that was the statement on the date of announcement of the offer to purchase, totaling 576 million.
in the early winter of Evraz sent the offer for early redemption of the Eurobond repayable in 2015. The issue of ten-year Eurobonds for $ 750 million was posted in November 2005, the coupon rate is 8 to 25%. Evraz is a vertically integrated steel and mining Company with assets in Russia, Ukraine, USA, Canada, Czech Republic, Italy and South Africa.
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