Evraz Group asks VEB to give a credit

27 November 2008
Evraz Group has made an application in VEB on granting to it of the credit, have told some employees investbankov, heard about it from sources from Evraz Group.

The sum of the application - $1,8 billion, has added a source close to the company. Money are necessary on repayment of a part a bridge-credit, undertaken in the spring on purchase of actives Canadian Ipsco (the sum of the transaction - $2,3 billion), was added by the interlocutor of "Sheets".

The information on reference Evraz Group in VEB was confirmed also with a source close to financial state corporation. Nobody opens conditions of the credit. But the minimal rate at VEBa - LIBOR + 5 %, term - one y ear.

Representatives Evraz Group and VEBa have refused official comments.

General duty Evraz Group on the end of September made nearby $10,24 billion, including short-term - $4,14 billion And money resources and their equivalents - $623 million.