“ Integra “ the petroservice company has kept investors
has found 90 million dollars for repayment of the credit of the European Reconstruction and Development BankAbout 90 % of holders of rouble bonds “ Integry “ have agreed not to show a paper to the repayment. Now the company can reduce twice almost the credit of the European Reconstruction and Development Bank at a rate of 184 million dollars. Analysts notice that replacement of a currency debt by the rouble reduces financial risks “ Integry “.
“ Integra “ has informed on performance on December, 3rd the obligations under the preschedule repayment of rouble bonds “ Integra Finans “ the second release. During the offer the company has redeemed 12 % of bonds for the sum of 361 million roubles. For execution of obligations it has been reserved 3 billion. Thus, nearby 2,7 mlrd roubles (92 million dollars) will be converted in US dollars and are directed on preschedule partial repayment of a loan of the European Reconstruction and Development Bank, it is marked in a press - company release. Now this debt makes 184 million dollars.
one month ago “ Integra “ has offered owners of bonds 2 - go release “ Integra Finans “ not to show them to the repayment under the offer, and money resources to direct on preschedule repayment of the credit of the European Reconstruction and Development Bank. The increase in the rate from 10,7 % to 16,75 % was a prolongation condition.
the Credit for the sum of 250 million dollars from the European Reconstruction and Development Bank a group of companies “ Integra “ has received in February. It consisted of several tranches. The European Reconstruction and Development Bank has allocated 75 million dollars, and 175 million has given syndicate of commercial banks into which have entered BNP Paribas, ING, VTB Deutschland, Royal Bank of Scotland, Alpha bank, Commerzbank, Morgan Stanley and “ Alba the Alliance “. In July of the European Reconstruction and Development Bank has allowed “ Integre “ to break some kovenanty till the end of the year under the credit agreement. In September the petroservice company declared about dopemissii 1,9 million ordinary actions in the form of 38 million global depozitarnyh receipts. Let out papers have made 26,5 % of a share capital. During placing the company has involved 95 million dollars. About 70 % of means from this sum it was planned to direct for repayment of the credit from the European Reconstruction and Development Bank.
the positive moment is that the company could keep papers in the market, the analyst " marks; Uralsib Kepital “ Stanislav Bozhenko. “ Replacement of a currency debt by the rouble means susceptibility decrease to financial risks as the company receives almost all gain in roubles “ - he speaks. Besides, the market was interested by the improved conditions of prolongation of the reference of papers: the increased rate of the coupon and the strengthened structure of guarantors, adds the expert.