The holders of eurobonds of DTEK have approved the issuer's selling non-core assets in Russia to reduce debt load by about $436 million.

According to a holding report on the website of the Irish Stock Exchange (ISE), the corresponding sale was supported by 74.32% of security owners with the quorum being 25%.

According to the previously announced proposal of the holding on restructuring eurobonds, the matter concerns the sale of Obukhovskaya mine department, Don-Anthracite and Sulinanthracite, located in Rostov region of the Russian Federation.

The market value of these assets is estimated at $400 million. At the same time, the energy holding expects the sale of the assets will allow it to reduce the debt by a total of $436 million.

DTEK will continue to act as a guarantor for certain liabilities that will be transferred within the sale of assets, in particular, on a debt of $100 million, the guarantees for which will be saved for the next nine months, and a debt of $36 million, the guarantees for which will be saved from 18 to 24 months.