RNS Number : 6269U
  Evraz Group S.A.
  16 May 2008
   

    

    NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR RUSSIA

    Evraz Group places an additional US$400 million in Eurobonds

May 16, 2008 * Evraz Group announces the placement of an additional US$400 million in Eurobonds.
 
The US$250 million 5-year bond issue priced at 101.15% with a coupon of 8.875% which represents a 8.579% yield to maturity. The US$150
million 10-year bond issue priced at 101.15% with a coupon of 9.50%, which represents a 9.371% yield to maturity.
 
The new issues will be consolidated and form a single series with the US$1,050 million bonds due 2013 and US$550 million bonds due 2018
placed in April.
 
The transaction was lead-managed by ABN AMRO, CALYON, Deutsche Bank and UBS Investment Bank.
    

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    For further information:

    Evraz Group
    Corporate Affairs and Investor Relations
    Irina Kibina
    Tel: +7 495 232 1370
    IR@evraz.com


    This press release does not constitute an offer for sale of any securities of EVRAZ GROUP S.A. in the United States.  Any securities of
EVRAZ GROUP S.A. may not be offered or sold in the United States or to US person absent registration or an exemption from registration under
the U.S. Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations thereunder. EVRAZ GROUP S.A. has not
registered, and does not intend to register, any portion of the offering in the United States or to conduct a public offering of any
securities in the United States.
    This press release is not an invitation nor is it intended to be an inducement to engage in investment activity for the purpose of
Section 21 of the Financial Services and Markets Act 2000 of the United Kingdom (the "FSMA"). To the extent that this press release does
constitute an inducement to engage in any investment activity, it is directed only at (i) persons who are outside the United Kingdom, (ii)
persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) of the United Kingdom (the "Financial Promotion Order"); (iii) persons who fall within Articles 49(2)(a)
to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order; and (iv) any other persons to whom
this press release for the purposes of Sectio  21 of FSMA can otherwise lawfully be made (all such persons together being referred to as
"relevant persons"), and must not be acted on or relied upon by persons other than relevant persons. Any invitation or inducement to engage in any investment activity included within the press release
is available only to relevant persons and will be engaged in only with relevant persons. Anyone other than a relevant person must not rely
on this press release.
    Stabilisation/FSA.
    This document is not a prospectus and, to the extent that it may constitute an advertisement, does not constitute or form part of any
offer or invitation to sell or any solicitation of any offer to purchase any securities nor shall it (or any part of it) or the fact of its
distribution form the basis of, or be relied on in connection with, the offering of any securities. Investors should not subscribe for any
securities referred to in this document except on the basis of the information contained in the prospectus relating to the securities.
    This document is an advertisement for the purposes of applicable measures implementing Directive 2003/71/EC (such Directive, together
with any applicable implementing measures in the relevant home Member State under such Directive, the "Prospectus Directive"). A prospectus
prepared pursuant to the Prospectus Directive is intended to be published, which, if published, can be obtained in accordance with the
applicable rules.
    Neither this press release nor any copy of it may be taken or transmitted into the United States, Australia, Canada, Japan or Russia.
The offering and the distribution of this press release and other information in connection with the offering in certain jurisdictions may
be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves
about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of
any such jurisdiction.
    Forward-looking statements. Some of the information in this press release may contain projections or other forward-looking statements
regarding future events or the future financial performance of EVRAZ GROUP S.A.  Such statements may be identified by terms such as
"expect", "believe", "anticipate", "estimate", "intend", "will", "could", "may" or "might", the negative of such terms or other similar
expressions. We caution you that these statements are not guarantees of future performance and future performance involves risks,
uncertainties, and assumptions that we cannot predict with certainty. Accordingly, our actual outcomes and results may differ materially
from what we have expressed or forecasted in the forward-looking statements. We do not intend to update these statements to make them
conform with actual results.
    Under Russian law, the securities referred to in this document are securities of a foreign issuer.  These securities are not eligible
for initial offering and circulation in the Russian Federation.  Neither the issue of these securities nor a securities prospectus in
respect of these securities has been, or is intended to be, registered with the Federal Service for Financial Markets ("FSFM").  The
information provided in this document is not an offer, or an invitation to make offers, to sell, exchange or otherwise transfer these
securities in the Russian Federation or to any Russian residents except as may be permitted by Russian law.

Evraz Group S.A. is one of the largest vertically-integrated steel and mining businesses. In 2007, Evraz Group produced 16.4 million tonnes
of crude steel. Evraz Group*s principal assets include three of the leading steel plants in Russia: Nizhny Tagil (NTMK) in the Urals region
and West Siberian (Zapsib) and Novokuznetsk (NKMK) in Siberia, as well as Palini e Bertoli in Italy, Evraz Vitkovice Steel in the Czech
Republic, Evraz Oregon Steel Mills and Claymont Steel in the USA. Its fast-growing mining businesses comprise Evrazruda, the Kachkanarsky
(KGOK) and Vysokogorsky (VGOK) iron ore mining complexes, Yuzhkuzbassugol company and an equity interest in the Raspadskaya coal company.
The mining assets enable Evraz Group to be a vertically-integrated steel producer. Evraz Group also owns and operates the Nakhodka
commercial sea port, in the Far East of Russia. Evraz vanadium operations comprise Strategic Minerals Corporation, USA, and Highveld Steel
and Vanadium Corporation, South Africa. For further information visit www.evraz.com
This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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