OREANDA-NEWS. July 11, 2012. Holders of Acron bonds of Series 02, 03, 04 and 05 were allowed to submit them for early redemption due to the resolution of Acron’s general meeting on the Company’s reorganisation through accession of its subsidiary Granit and on reduction of the Company’s authorised capital, and due to the subsequent termination of Granit, which was the guarantor for Series 02 and 03 bonds.

Under the bond holders’ requests submitted within the envisaged time period, Acron redeemed 36,082 of Series 02, 1,380,029 of Series 04 and 1,997,215 of Series 05 bonds.

Acron is a global mineral fertiliser producer with a diversified product portfolio consisting of multi-nutrient fertilisers such as NPK and bulk blends, and straight nitrogen-based products such as urea, ammonium nitrate and urea-ammonium nitrate. The Group's key markets are Russia, China and other Asian countries, Europe, Latin America, and FSU countries. Acron has three production facilities – Acron (Veliky Novgorod, Russia), Dorogobuzh (Smolensk Region, Russia) and Hongri Acron (Shandong Province, China). Acron’s logistics and transportation capabilities include its own fleet of railway cars and three sea port trans-shipment facilities on the Baltic Sea – at the Kaliningrad port of Russia, at the Estonian Sillamae port and at the Estonian Muuga port.