The ZSMK stock is pledged with $1-bn Vnesheconombank credit, half of Kachkanar Concentrator Vanadiy stock — with $950-m Gazprombank’s. The pledged assets state has been fixed as of 12/31/2009, Evraz attracting some short-term credits for $90 m later.
Evraz’ residual debt related to Nov-2008-credit from Vnesheconombank at LIBOR+5 per cent rate was attracted to partially refinance debt to Deutsche Bank and currently amounts to the original sum plus $6.96 m of interest as of 12/31/2010.