Ozon has agreed with 35.9% of convertible bond holders, including a committee of convertible bond holders, on the terms of a $750 million issue restructuring. The company will early redeem the bonds in rubles or dollars at the option of the bondholder. The repayments will be up to 85% of the face value in rubles and up to 67% in dollars. The vote on the restructuring will take place at the meeting of the holders on October 17 and will require the approval of the UK and Cyprus sanctions bodies.