Issue information:

• Issuer, issue number:	Severstal, 2009 (LPN)
• Income calculation:	Date of trades Price %
• Type of bond:	Eurobonds-LPN
• Issue status:	outstanding
• Par, currency of issue:	USD, 100000
• Amount:	325 000 000
• ISIN:	XS0186918255
• End of placement:	Feb 24 2004
• Issue price:	100
• Coupon:	8.625%
• Coupon frequency:	2 time(s) per year
• Settlement date:	Feb 24 2004
• Maturity date:	Feb 24 2009
• Arrangers:	Lead: Citigroup Inc. Senior co-lead: TRUST Investment Bank Co-lead: Troika Dialog Co-managers: Alfa Bank, Zenit Bank, Commerzbank Securities, MDM Bank, RZB.
• Trading floor, listing category:	London S.E.
• Issue ratings: (rating history)	Standard&Poor's BB Int. Scale (foreign curr.) Moody's Ba2/Stable Int. Scale (foreign curr) 07/06/2007
• Additional information:	The issue generated an order book of US$550 million and was allocated to 60 accounts from 12 countries. Geographic breakdown was 15% UK; 36% Russia offshore; 17% Asia; 7% US offshore; 25% other Europe (which included Germany, Austria, Switzerland, Italy, Greece, Beneluc and Eastern Europe). By investor type, 35% sold to Asset Managers; 45% to Banks; 20% to Retail intermediaries. The eurobonds's issued accroding to the Reg S rule. Launch spread: 562.3bps vs 5 year UST
• Investment banks:	Lead manager: Citigroup Co-lead manager:  Troika Dialog Investment Company Senior Co-lead manager:  TRUST Investment Bank

Borrower:

• Issuer:	Severstal
• Full issuer name:	Severstal open joint stock company
• Country:	Russia
• Web site:	http://www.severstal.ru/
•Other issues of the issuer:	Severstal, 1 - Domestic bonds  Severstal, 2014 (LPN) - Eurobonds  Severstal, 2013 (LPN) - Eurobonds
• Issuer profile:	(Founded in 1955) On September 24, 1993 according to the decree of the President of the Russian Federation, the state-owned Cherepovets Iron and Steel Complex was registered by the municipal administr ...
• Industry:	Ferrous metals
Issuer ratings: » rating history Standard&Poor's BB/Stable Int. Scale (foreign curr.) 11/14/2008 Standard&Poor's BB/Stable Int. Scale (loc. curr.) 11/14/2008 Standard&Poor's ruAA National Scale (Russia) 11/14/2008 Moody's Ba2/Negative Int. Scale (foreign curr) 11/27/2008 Fitch Ratings BB/Stable Int. Scale (foreign curr.) 08/25/2008 Fitch Ratings AA(rus)-/Stable National Scale (Russia) 08/25/2008 Moody's Interfax Rating Agency Aa2.ru/Stable National Scale (Russia) 07/06/2007 National Rating Agency AA National scale (Russia) 07/06/2007
Complete profile

Financial accounting:

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Trading info (OTC Market, Jan 06 2009):

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