Evraz signs $800 mln loan with Vnesheconombank

Evraz Group announced signing of a $800 mln loan with Russia's State Corporation Bank for Development and Foreign Economic Affairs "Vnesheconombank (VEB).All the proceeds under this loan agreement were used to refinance the Company's short-term debt.As announced earlier, 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.