EvrazHolding started to accept the bids on the acquisition of the bonds of the 01th series, the company informed.
The offers should be set to IC Troika Dialog. The 10bn rub. worth issue includes 10mln bonds of 1ths rub. par and 10 years in maturity. They will be placed Mar. 26 on MICEX through the open offering.
Evraz Group is the largest vertically-integrated metallurgic an mining companies. It has the divisions in Russia, Ukraine, USA, Canada and South Africa.
In 2008 the steel output gained 17.7mln ton; rolled products sales coming to 17.1mln ton. The mining sector covers 93% of the own needs in the ore and 89% in the coke.
Now the share capital is split in 145957121 stocks; one stock being equal to three GDRs. The major holder is Lanebrook Ltd. having Millhouse Capital at par.
The latter is held by Abromovich, A.Frolov and A.Abramov.
In 2009 the output was reduced 13.5% to 15.284mln ton from 17.674mln ton prior year.
"AK&M", 11/03/2010
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