KIEV, June 16 – The holders of the eurobonds of British mining company Ferrexpo Plc with main assets in Ukraine have approved the restructuring of the bonds due on April 7, 2016 and worth $285.669 million via their exchange to new bonds due on April 7, 2019.

According to a company report on the London Stock Exchange (LSE), Ferrexpo Finance Plc had received instructions with respect to 84.53% of the aggregate principal amount of the Existing Notes outstanding, of which 99.42% voted in favor. This is above the requisite 75% majority required to complete the exchange offer.