OREANDA-NEWS. April 08, 2015. Restructuring Agrowill Group, AB begins the final settlement with the Company's creditors. As provided in the Company's restructuring plan - the Company  this week, April 7-10, 2015 will pay the remaining debts to its creditors - 85 percent of creditors claims, i.e. 2.96 million EUR.

15 percent of their claims Company’s creditors already received in April, 2014.

Payment for bond holders of the Company will be transfered to representative of bond holders – brokerage company UAB FM? Orion Securities, which is due to distribute payments to accounts of bond holders.

After final settlement with the Company's creditors in accordance with law the Company will apply to the court for the completion of the process of restructuring.

Additionally, Agrowill Group, AB informs that remaining payments to the creditors of its subsidiary agricultural companies (ten companies) - 85 percent of creditors claims, i.e. 1.56 million EUR will be carried out as it is foreseen in the restructuring plans of each company-  till the December 2015.

Agrowill Group, AB  notes that the settlement with creditors of  the Agrowill Group, AB  and the subsidiary companies  is carried out exactly as envisaged in the restructuring plans of each company. In the third year of restructuring (starting from restructuring plans approval), i.e. in 2013-2014, it were paid 15 percent of creditors claims, and in the last year of restructuring – 2015, the remaining   85 percent of creditors claims will be settled.