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Eurobonds Severstal, 2013 (LPN) |
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Issue information:
| • Issuer, issue number: |
Severstal, 2013 (LPN) |
| • Type of bond:
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Eurobonds-LPN |
| • Issue status: | outstanding |
| • Par, currency of issue: | USD, 100000 |
| • Amount: | 1 250 000 000 |
| • ISIN: | XS0376189857 |
| • End of placement: | Jul 22 2008 |
| • Issue price: | 100 |
| • Coupon: | 9.75% |
| • Coupon frequency: | 2 time(s) per year |
| • Settlement date: | Jul 29 2008 |
| • Maturity date: | Jul 29 2013 |
| • Arrangers: | ABN, Citi, BNP Paribas |
| • Trading floor, listing category:
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London S.E. |
| • Issue ratings: (rating history) |
| Fitch Ratings |
BB |
Int. Scale (foreign curr.) |
07/31/2008 |
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| • Additional information: | SPV Steel Capital S.A.
Spread: UST5+638bp
Debt Ratings: Ba2/BB/BB
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| • Files:
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PRICING NOTIFICATION
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| • Investment banks:
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Lead manager(s): BNP Paribas Bank Citigroup
RBS
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Borrower:
| • Issuer: | Severstal |
| • Full issuer name: | Severstal open joint stock company |
| • Country: | Russia |
| • Web site: | http://www.severstal.ru/ |
| •Other issues of the issuer:
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Severstal, 1 - Domestic bonds
Severstal, 2009 (LPN) - Eurobonds
Severstal, 2014 (LPN) - Eurobonds
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| • 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 |
| 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 |
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Complete profile |
Financial accounting:
Quarterly FFMS Reports:
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Trading info (OTC Market, Dec 03 2008):
| Quote bid/offer:
| 43/44 |
| YTM bid/offer:
| 38.86%/37.92% |
| Weighted average price (Dec 03 2008):
| 43.5 |
| YTM:
| 38.39% |
Trading info, archive >>> |
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Payment schedule:
| Date |
Coupon, % p.a. |
Coupon size, USD |
Par redemption, USD |
Notes |
| 29.01.2009 |
9.75 |
4875 |
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| 29.07.2009 |
9.75 |
4875 |
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| 29.01.2010 |
9.75 |
4875 |
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| 29.07.2010 |
9.75 |
4875 |
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| 29.01.2011 |
9.75 |
4875 |
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| 29.07.2011 |
9.75 |
4875 |
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| 29.01.2012 |
9.75 |
4875 |
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| 29.07.2012 |
9.75 |
4875 |
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| 29.01.2013 |
9.75 |
4875 |
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| 29.07.2013 |
9.75 |
4875 |
100000 |
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| COMMENTS:19.11.08 FK URALSIB: Liquidity still under pressure-Second tier perks up-Flight to dollar not solely driven by speculators. Comments: Severstal, Bank Soyuz, Lebedyansky, SIBUR BONDS|MM|CURR 25.07.07 ING Wholesale Banking Russia: CIS Fixed Income Daily
- S&P upgrades CenTel to B+/Positive, Severstal to BB/Stable
- Placement commentary: Severstal-Avto-2, Kubanenergo-1 EURO|BONDS|MM|CURR 09.07.07 ING Wholesale Banking Russia:
- Moody’s upgrades Severstal LPN’s to Ba2; stable outlook
- RUB reverses recent strengthening
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