25 Apr 2013 10:48

Evraz prepays $950 mln structured credit facility with Eurobond proceeds

MOSCOW. April 25 Interfax - Evraz plc has prepaid the outstanding $759 million of a $950 million structured credit facility, using the proceeds from the recent $1 billion issuance of 6.5% notes due 2020, the company said in a statement.

The facility, under which Evraz Group S.A., a wholly-owned subsidiary of Evraz plc, was the borrower, was amortising quarterly with the final installment due in November 2015.