Russian miner and steelmaker Evraz has appointed Deutsche Bank, ING and Royal Bank of Scotland as co-ordinators for a five year pre-export financing loan, bankers say. The deal will raise around $850m and at a margin of 280bp it could price tighter than that of fellow Russian miner Suek, which is paying 325bp on its $900m five year facility. Read EuroWeek on Friday to find out why Evraz prices tighter when Suek is the stronger credit.
Rachel McGovern, +44 20 7779 7319
Click here for previous coverage
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.