Evraz receives VEB loans

Evraz Group announces signing of a $1,006.5 mln loan with Russia's State Corporation Bank for Development and Foreign Economic Affairs "Vnesheconombank (VEB). The first tranche in the amount of $201.3 mln was used to refinance the Company's short-term debt. VEB approved credit lines for Evraz to refinance the Company’s indebtedness under the syndicated loans in the amount of $1,006.6 mln and $800 mln.