KIEV, Oct. 19 - Avangard agricultural concern received needed debt-repayment breathing room Friday when holders representing 86.01% of the outstanding principal amount of its $200 million notes due on October 29, 2015 voted in favor of a restructuring scheme.

The company announced on the London Stock Exchange (LSE) that the scheme which foresees the approval of the note sale lock-up in the early participation time – by October 15, 2015. The scheme required the approval of a majority in number representing at least 75% in value of the noteholders present at the meeting.