Chinese missile frigate to be open for public in VladivostokMilitary & Defense September 20, 10:41
Ukraine’s Naftogaz files lawsuit with The Hague court over Crimea assetsBusiness & Economy September 20, 9:42
Both Washington and Moscow not satisfied with bilateral relations — LavrovRussian Politics & Diplomacy September 20, 7:55
Situation with Russian, US diplomatic missions stabilized — TillersonWorld September 20, 7:07
Russia has no doubt that US can do something destructive to North Korea — LavrovRussian Politics & Diplomacy September 20, 6:21
ECHR rules not to revise its judgement on Beslan hostage taking caseWorld September 19, 19:18
Trump vows to 'totally destroy North Korea' if threatenedWorld September 19, 17:50
Russian top brass calls on US to not hamper Damascus’ fight against terrorismMilitary & Defense September 19, 17:49
Zapad-2017 exercise puts Russian army’s "nervous system" to testMilitary & Defense September 19, 17:33
The amount of shares to be offered and their price are yet to be determined. Following the IPO, Evraz will continue to be the major shareholder of Evraz North America.
Evraz North America said in a statement September 26 that it plans to use the funds raised to finance general corporate purposes, complete the acquisition of certain North American assets from Evraz, and repay existing intercompany debt to Evraz.
The placement does not envisage a change to Evraz North America’s operating model or business strategy.
Citigroup and Goldman Sachs will act as book runners in the deal.