KIEV, Feb. 16 - Interpipe Limited, the owner of Ukrainian pipe maker Interpipe from Dnipropetrovsk, plans to call a meeting of the holders of $200 million in notes maturing on August 2, 2010 in a bid to win more time before the bonds go into default, the company said in a statement published by the Luxembourg Stock Exchange on Tuesday.

"…the issuer has failed to make payment of the interest coupon that was due to be paid on February 2, 2010 within the grace period of five business days…," Deutsche Trustee Company Limited, the issuer's trustee under the trust deed dated August 2, 2007, said in a statement.