19 Mar 2013 16:42
Not for release, publication or distribution in whole or in part, directly or indirectly, in or into the United States of America.
Severstal Announces That Steel Capital S.A. Closes Issue of Loan Participation Notes
19 March 2013, Moscow, Russia- OAO Severstal announced today the successful closing and issuance by Steel Capital S.A., an affiliated company of OAO Severstal, of its US$600,000,000 4.45% loan participation notes due 2018 (the "Notes") under its US$4,500,000,000 Loan Participation Note Programme. The Notes have been issued for the sole purpose of financing a loan to OAO Severstal. The Notes are expected to be admitted to trading on the Main Securities Market of the Irish Stock Exchange on 20 March 2013.
The Issuer has on-lent the proceeds from the issue of the Notes to Severstal. Severstal intends to apply the borrowed funds primarily for general corporate purposes.
For further information, please contact
Vladimir Zaluzhsky
Head of Investor Relations
Email: vladimir.zaluzhsky@severstal.com
Tel: +7 (495) 926 7766/67 ext. 6375
Elena Kovaleva
Head of External Communications
Email: ev.kovaleva@severstal.com
Tel: +7 (495) 926 7766/67 ext. 6447
DISCLAIMER
This announcement is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any states of the United States and the District of Columbia). This announcement does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States of America. Securities may not be offered or sold in the United States of America or to, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the Securities Act) absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities mentioned herein have not been, and will not be, registered under the Securities Act. There will be no public offering of securities in the United States of America.
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