Evraz prices $700m notes issue to refinance debt
Evraz has priced a $700m notes issuance with maturity in April 2024, it announced on Wednesday, with a coupon rate of 5.25% per annum.
Evraz
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17:30 11/04/24
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The FTSE 100 company was issuing the notes itself, and said the closing and settlement were expected to be completed on 2 April.
“The company intends to use the net proceeds of the issue to refinance existing indebtedness, including financing of purchases of notes to complete its tender offer.”