Severstal intends to borrow $800 million by issuing bonds with a maturity of 5 years.
The interest rate will be 3.15%.
The demand for the bonds with the maturity in September 2024 exceeded $2.2 billion.
The company held a road show in London, Frankfurt and New York on September 5-6.
Citi, KP Morgan, Societe Generale, ING, Sberbank and VTB Capital acted as the organizers of the issue. (Ukrainian metal)