Tag «Due 2015»

EVRAZ Prepays US$950 Million Structured Credit Facility Due 2015

EVRAZ plc (LSE: EVR) announces that it has prepaid the outstanding US$759 million of the US$950 million structured credit facility (the “Facility”), using the proceeds from the recent US$1 billion issuance of 6.50% notes due 2020. The Facility, under which Evraz Group S.A., a wholly-owned subsidiary of EVRAZ plc, was the borrower, was amortising quarterly …