KYIV, Aug 28 – The Interpipe international vertically integrated pipe and wheel company has obtained consent of the majority of creditors for restructuring of the company's debt on its 2017 bonds.

According to a company announcement on Wednesday, most holders of secured bonds guaranteed by Interpipe Nyzhniodniprovsky Tube Rolling Plant (NTZ), Interpipe Niko-Tube and Interpipe Ukraine in the amount of $200 million at 10.25% per annum due in 2017 gave their consent to the terms of the restructuring conditions proposed by Interpipe.