OREANDA-NEWS. June 18, 2010. From August 2009 the start of the corporate bond debt restructuring programme, with both issues of 2.3 bln rubles, rescheduled are bonds at par of 1.7 bln rubles by way of repurchase of securities at a discount. On June 7, 2010 the volume of marketable bonds at par is amounted to 636 mln rubles including 347 mln rubles which are rescheduled for three years.

New terms and conditions of the programme have being come into force since January this year. Gradually raising demand in metal-consuming industry in its turn contributes to the increase of INPROM's production with high value added.

National bank TRUST is appointed as a lead manager of the programme and successfully is carries out negations with bond holders. Agreements reached in respect of bond debt restructuring are verified by bond holders' reference to the arbitration court.