Integra Group buys back 94.4% bonds

OOO Integra Finance finished buyback of its bonds on July 30. The issuer bought back 2,491,381 bonds worth RUR2.49bn. This amount accounted for 94.4% of the outstanding issue amount. The buyback price stood at 110.1% in line with the public offer. Bonds were bought back using a RUR3bn credit line opened by Alfa-Bank. RUR2.81bn was used for buying back bonds. The loan is due March 2012. It pays less that the 6th coupon on the bond issue.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  3,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  Integra Finance LLC
• Registration country
  Russia
• Industry
  Oil and gas