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Severstal’s return sees its lowest cost of funding in international bond market

10 Sep 2019

PAO Severstal (Baa2/BBB Moody’s/Fitch) tapped the international debt capital markets on 09 September 2019, bringing a highly successful USD800m 5-year bond that priced at 3.15% - a spread of UST+167.8bp. The new issue proved to be the company’

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