Eurobonds

As of September 2017 there were 4 outstanding Eurobonds issues

  • $500m 7-years Eurobond (outstanding amount $145.738) with annual coupon rate of 4.95% due in 2019
  • $800m 5-years Eurobond (outstanding amount $144.145) with an annual coupon rate of 4.45% due in 2018
  • $700m 7-years Eurobond with an annual coupon rate of 4.50% due in 2023
  • $500m 7-years Eurobond with annual coupon rate of 4.00% due in 2024

Currently Eurobonds 2019, 2018, 2023 has following credit ratings: Ba1 (Moody’s), BBB- (Fitch) and BBB- (S&P).
Eurobonds 2024 has following credit ratings: BBB- (Fitch) and BBB- (S&P).

$500m 7-y at 4.95% due in 2019

On 26 September 2012, the Group placed its $500m 5-years Eurobond with an annual coupon rate of 4.95%. The issuer of the offering was Steel Funding Limited. Currently Eurobonds has following credit ratings: BBB- (Fitch), Ba1 (Moody’s) and BBB- (S&P).

Issuer Steel Funding Limited
Company (borrower) Novolipetsk steel
Amount of issue $500,000,000
Date of placement September 26, 2012
Maturity date September 26, 2019
Coupon rate 4.95%
Listing Irish Stock Exchange, Ireland
Security type Registered security
Code Regulation S:
Common Code: 078393432
ISIN: XS0783934325
Rule 144A:
Common Code: 061917110
ISIN: US85812PAA12
CUSIP: 85812P AA1
Joint lead managers Deutsche Bank AG, London Branch
J.P. Morgan Securities plc
Société Générale


$800m 5-y at 4.45% due in 2018

On 19 February 2013 the Group placed its $800m 5-years Eurobond with an annual coupon rate of 4.45%. The issuer of the offering was Steel Funding Limited. Currently Eurobonds has following credit ratings: BBB- (Fitch), Ba1 (Moody’s) and BBB- (S&P).

Issuer Steel Funding Limited
Company (borrower) Novolipetsk steel
Amount of issue $800,000,000
Date of placement February 19, 2013
Maturity date February 19, 2018
Coupon rate 4.45%
Listing Irish Stock Exchange, Ireland
Security type Registered security
Code Regulation S:
Common Code: 080863284 
ISIN: XS0808632847 
Rule 144A:
Common Code: 078395052 
ISIN: US85812PAB94 
CUSIP: 85812PAB9
Joint lead managers Deutsche Bank AG, London Branch
J.P. Morgan Securities plc
Societe Generale


$700m 7-y at 4.50% due in 2023

On 15 June 2016 the Group placed its $700m 5-years Eurobond with an annual coupon rate of 4.50%. The issuer of the offering was Steel Funding Limited. Currently Eurobonds has following credit ratings: BBB- (Fitch), Ba1 (Moody’s) and BBB- (S&P).

Issuer Steel Funding Limited
Company (borrower) Novolipetsk steel
Amount of issue $700,000,000
Date of placement June 15, 2016
Maturity date June 15, 2023
Coupon rate 4.50%
Listing Irish Stock Exchange, Ireland
Security type Registered security
Code Regulation S:
Common Code: 140577561 
ISIN: XS1405775617 
Rule 144A:
Common Code: 098266844 
ISIN: US85812PAC77 
CUSIP: 85812PAC7
Joint lead managers Deutsche Bank AG, London Branch
ING Bank N.V., London Branch
J.P. Morgan Securities plc
Société Générale


$500m 7-y at 4.00% due in 2024

On 21 September 2017 the Group placed its $500m 7-years Eurobond with an annual coupon rate of 4.00%. The issuer of the offering was Steel Funding D.A.C. Currently Eurobonds has following credit ratings: BBB- (S&P) и BBB- (Fitch).

Issuer Steel Funding D.A.C.
Company (borrower) Novolipetsk steel
Amount of issue $500,000,000
Date of placement September 21, 2017
Maturity date September 21, 2024
Coupon rate 4.00%
Listing Irish Stock Exchange, Ireland
Security type Registered security
Code Regulation S:
Common Code: 157795317
ISIN: XS1577953174
Rule 144A:
Common Code: 111731209
ISIN: US85812RAA77
CUSIP:85812R AA7
Joint lead managers J.P. Morgan Securities plc
Société Général, ING Bank N.V.
UniCredit Bank