Issue information:

• Issuer, issue number: Severstal, 2013 (LPN)
• Income calculation:
Date of trades
Price %
• Type of bond: 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: London S.E.
• Issue ratings: (rating history)
Standard&Poor's BB Int. Scale (foreign curr.)
Fitch Ratings BB Int. Scale (foreign curr.) 07/31/2008
• Additional information:SPV Steel Capital S.A.
Spread: UST5+638bp
Debt Ratings: Ba2/BB/BB
• Files: PRICING NOTIFICATION
• Investment banks: Lead manager(s):
BNP Paribas
Citigroup
RBS

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, 2014 (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:

RAS
2008 1Q. 2Q. 3Q. 4Q.
2007 1Q. 2Q. 3Q. 4Q.
2006 1Q. 2Q. 3Q. 4Q.
2005 1Q. 2Q. 3Q. 4Q.
2004 1Q. 2Q. 3Q. 4Q.

Quarterly FFMS Reports:

20081 Q.2 Q.3 Q.4 Q.
20071 Q.2 Q.3 Q.4 Q.
20061 Q.2 Q.3 Q.4 Q.
20051 Q.2 Q.3 Q.4 Q.

Trading info (OTC Market, Jan 07 2009):

Quote bid/offer: 54.5/56
YTM bid/offer: 29.98%/28.97%
Weighted average price (Jan 07 2009): 55.25
YTM: 29.47%

Trading info, archive >>>

Payment schedule:

Date Coupon, % p.a. Coupon size, USD Par redemption, USD Notes
29.01.2009 9.75 4875
29.07.2009 9.75 4875
29.01.2010 9.75 4875
29.07.2010 9.75 4875
29.01.2011 9.75 4875
29.07.2011 9.75 4875
29.01.2012 9.75 4875
29.07.2012 9.75 4875
29.01.2013 9.75 4875
29.07.2013 9.75 4875 100000

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
 EURO|BONDS



Bid prices

Ask prices
Company Date and time Bid price Yield Amount Terms Company Date and time Ask price Yield Amount Terms
Troika Dialog Investment Company 08.01.2009 56.0000 28.98 250000 Daily indicative quotes Troika Dialog Investment Company 08.01.2009 58.0000 27.69 250000 Daily indicative quotes