Issue information:

• Issuer, issue number:	Severstal, 2014 (LPN)
• Income calculation:	Date of trades Price %
• Type of bond:	Eurobonds-LPN
• Issue status:	outstanding
• Par, currency of issue:	USD, 100000
• Amount:	375 000 000
• ISIN:	XS0190490606
• End of placement:	Apr 19 2004
• Issue price:	100
• Coupon:	9.25%
• Coupon frequency:	2 time(s) per year
• Settlement date:	Apr 19 2004
• Maturity date:	Apr 19 2014
• Arrangers:	Citigroup was also the bookrunner, Industrial & Construction Bank, Troika Dialog, Trust Investment Bank were co-lead managers, Alfa Bank, Raiffeisenbank - co-managers of the issue
• 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:	LPNs were placed amid the US investors under the Regulation 144A. US173069AB18 spread UST10+507bp The participation notes have been issued by Citigroup Global Markets Deutschland AG, for the sole purpose of financing a loan to Severstal.
• Files:	Severstal LPNs worth USD375 mln due 2014 Preliminary Offering Circular
• Investment banks:	Lead manager: Citigroup Co-lead manager(s):  Troika Dialog Investment Company VTB Bank North-West

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, 2009 (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:

Quarterly FFMS Reports:

Trading info (OTC Market, Jan 06 2009):

Payment schedule:

COMMENTS:

Bid prices

Ask prices