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British court ratifies Avangard $200 million eurobond restructuring
Journal Staff Report

KIEV, Oct. 28 - The High Court of Justice of England and Wales has ratified a deal on restructuring $200 million eurobonds of Avangard agricultural holding maturing on October 29, 2015, the company told Interfax-Ukraine.

According to the company, the corresponding hearing was held on October 26. The holders of 89.2% of the securities decided to join the agreement on retention of securities, which implies the approval of the transaction on restructuring.




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