Ozon was able to reach an agreement with 36% bondholders to suspend the demand for full repayment of the $750 million bond until August 30, 2022. During the term of the agreement, bondholders will not enforce the debt against Ozon Holdings, a Cypriot company, due to a potential technical default. Russian security holders will also not seek recovery from Ozon's subsidiaries in Russia. Negotiations on the restructuring are continuing.