Evraz begins marketing US dollar bond
LONDON, June 9 (IFR) - Russian steel company Evraz (LSE: EVR.L - news) has begun marketing a January 2022 US dollar bond at a yield of 7.25-7.50%, according to a lead.
The company is expected to price the Reg S benchmark-sized notes later today.
Barclays (LSE: BARC.L - news) , Gazprombank, ING, JP Morgan, Societe Generale (Swiss: 519928.SW - news) and VTB Capital are the leads.
Evraz is rated B+/BB-. (Reporting by Sudip Roy, editing by Robert Smith.)