Evraz Inc. NA secures US$225 million of bank financing

Evraz Group S.A. (LSE: EVR) announces the closing of a US$225 million four-year committed revolving credit facility for its US wholly-owned subsidiary, Evraz Inc. NA (the “Company”). The facility is secured with the inventories and receivables of the Company and its operating subsidiaries (ABL).

The funds will be used to finance the Company’s working capital requirements and for other corporate purposes.

The credit facility was arranged by a group of banks coordinated by GE Capital Markets, Inc., with UBS, ING and Natixis acting as the joint mandated lead arrangers.

Based on Evraz Group press-service