OREANDA-NEWS.  June 18, 2014. Alfa-Bank extended a three-year loan for 30 mln USD to Foreston Holdings Limited owned by executives of Integra Group aimed to repurchase shares in Integra Group (hereinafter — the Company). Resulting from the deal that was financed in part proprietary and in part through the financing provided by Alfa-Bank, since 28 May 2014 the GDR capital raisings at the London Stock Exchange have been ceased.

The history of Alfa-Bank’s relationship with Integra Group began in 2005 and the Bank served as one of the arrangers in placement of the Company’s GDR in 2007. Since then Alfa-Bank has been actively developing cooperation with Integra Group in such areas as equity and debt capital market, financing of current assets and foreign exchange.

Simon Vine, Head of Investment Banking at Alfa-Bank said: "Alfa-Bank has a long history of successful relationship with Integra Group and we are glad to be a partner of the Company management in this deal".

Felix Lyubashevsky, President of the Integra Group management company commented on the deal as below: "We highly appreciate the promptness and expertise demonstrated by Alfa-Bank when working on the deal. The history of fruitful cooperation between the Bank and Integra Group has been added up with the implementation of this exciting project at the level of the Company shareholders".