OREANDA-NEWS. December 11, 2009. Integra Group (LSE:INTE), a leading independent provider of onshore oilfield services and manufacturer of oilfield services equipment, announces that on 3 December 2009 it fulfilled its obligations under the one-time put option for repayment of the RR 3 billion Second Ruble Bond issue of Integra Finance.

As a result of the offer the issuer repaid a total of 361,014 bonds with a total value of RR 361,014,000 which represents 12.03% of the bond issue.

Accumulated funds not used for the repayment of the bond issue in the amount of RR 2,648,986,000 will be converted to USD  and directed to partial prepayment of the EBRD facility.

Dmitry Avdeev, CFO of Integra Group, commented: “This low volume of bonds submitted for repayment indicates strong interest in Integra's debt instruments as well as confidence in the credit standing of our company”.