SIBUR quits from the deal and has suspended negotiations with the creditor banks of
The deal, offered by SIBUR on October 28, 2008, meant that in February 29, 2009 as the latest, SIBUR would repurchase the rights of demand under the loans for
On January 27, 2009, the RF Federal Service for Financial Markets registered the respective issue of convertible bonds by
As of February 2009, the absolute majority of creditor banks, except Sberbank OJSC communicated their acceptance of the given offer.
Notwithstanding the suspended negotiations with the creditors, SIBUR keeps its interest in acquisition of assets of
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