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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Evraz Plc | LSE:EVR | London | Ordinary Share | GB00B71N6K86 | ORD USD0.05 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 82.68 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Aug 2019 to Aug 2024
Russian steel producer Evraz Group SA (EVR.LN) has received a $950 million credit facility, the company said in a press release Monday.
The loan was underwritten by 14 banks and coordinated by Deutsche Bank AG, ING Bank N.V. and The Royal Bank of Scotland, the company said.
Interest under the facility is payable at a rate equal to LIBOR and plus a margin calculated by reference to Evraz's net leverage ratio, currently set at 2.8%, the company said.
The loan comes on the heels of a five-year, 15 billion ruble bond issue which took place in early November.
"As a result of these refinancing activities, Evraz has lengthened the average maturity of its indebtedness and has no remaining significant debt repayments in 2011 or 2012," the company said.
-By Ira Iosebashvili, Dow Jones Newswires; +7 495 232 9195; ira.iosebashvili@dowjones.com
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