Evraz Signs USD 950 mln Credit Facility with Gazprombank
OREANDA-NEWS. October 27, 2009. Evraz Group S.A. (LSE: EVR) (“Evraz”) announces that it has signed three credit facility agreements with the Russian bank, Gazprombank, for a total amount of USD 950 million for a period of 45 months.
Credit lines of USD 500 million, USD 300 million and USD 150 million may be extended to Evraz's wholly-owned Russian subsidiaries Zapsib, NTMK and NKMK respectively. The amounts available under these agreements can be drawn down within the next nine months.
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