Integra Group Fully Repays Its Second Ruble Bond
OREANDA-NEWS. December 6, 2011. Integra Group (LSE: INTE) announces that on November 29, 2011, its subsidiary Integra Finance repaid in full the remainder of its Second Ruble Bond issue in the amount of 147,605 bonds with a total nominal value of RR147,605,000. The bond issue was repaid using funds from current operating cash flows.
Established in March 2004, Integra Group has, through 17 strategic acquisitions, become one of the leading companies in the oilfield services sector of the Russian market.
Integra Group provides drilling, well workover (WO), integrated project management (IPM), technology services, and formation evaluation services. It also produces specialized tools used in the exploration, development and production of oil and gas.
Integra’s competitive advantages lie in the fact that the Company provides a full range of oilfield services – from geological exploration of a deposit to the completion of the well – and on top of that includes the production of various equipment and tools used in the OFS. This makes the Company a unique player on the Russian oilfield services market.
Over 15 000 of Integra employees currently work in Western and Eastern Siberia, Ural, Komi Republic, Southern Russia, Uzbekistan, Azerbaijan, Kazakhstan as well as Mauritania, India, Brazil, Venezuela, Yemen. In 2008 Integra started to actively expand its business into CIS countries and has opened its offices in
Our clients include world’s largest oil and gas companies.
The Global Depositary Receipts (GDR) of Integra Group have been listed on the London Stock Exchange since February 2007.
Комментарии