Severstal issued international bonds for USD 500.0m maturing in 2021 with a 3.85% coupon. Bonds were sold at a price of 100% with an initial yield of 3.85%. Bookrunner: Citigroup, ING Wholesale Banking London, JP Morgan, Societe Generale.
|Issuer, issue number||Severstal, 3.85% 27aug2021, USD |
|Type of debt instrument||International bonds |
|Issue status||outstanding |
|Type of placement||Public |
|Par, currency of issue||USD 200,000 |
|End of placement||02/16/2017 |
|Initial issue price||100 |
|Yield at pricing||3.85 |
|Coupon frequency||2 time(s) per year|
|Settlement date||02/27/2017 |
|Maturity date||08/27/2021 |
|Issue Managers||Bookrunner: Citigroup, ING Wholesale Banking London, JP Morgan, Societe Generale |
|Trading floor||Irish S.E. |
Severstal combines the growth potential of Russia’s emerging market with the margin sustainability of an international steel producer. The company has 3 divisions: Severstal Russian Steel; Severstal ...