EVR Evraz Plc

 

TIDMEVR 
 
RNS Number : 9705P 
Evraz Group S.A. 
27 July 2010 
 

          Evraz Borrows US$404 Million from Nordea Bank for Four Years 
 
27 July 2010 - Evraz Group (LSE: EVR) ("Evraz") announces that its subsidiaries 
have drawn down on the loan facilities from Nordea Bank totalling US$404 million 
which are due to mature in June 2014. 
 
The proceeds have been used to repay Nordea Bank's loans in the amount of US$357 
million that were due in the fourth quarter of 2010, as well as certain other 
short-term debt. 
 
This transaction is in line with Evraz's policy of substituting the short-term 
debt with longer-term maturities. 
 
                                      ### 
 
 
For further information: 
 
Media contact: 
 Evraz Press Office 
+7 495 937 6871 
media@evraz.com 
 
Investor contact: 
 Alexander Boreyko 
 Director, Investor Relations 
 +7 
495 232 1370 
ir@evraz.com 
 
 
 
 
 
 
Evraz Group S.A. is a large vertically-integrated steel, mining and vanadium 
business with operations in the Russian Federation, Ukraine, Europe, USA, Canada 
and South Africa. The Company was ranked the 14th largest steel producer in the 
world based on crude steel production of 15.3 million tonnes in 2009. Evraz's 
internal consumption of iron ore and coking coal is covered by its mining 
operations. Evraz's consolidated revenues for the year ended 31 December 2009 
were US$9,772 million and consolidated adjusted EBITDA amounted to US$1,237 
million. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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