Tender list for Mining Smeltery Basin "Bor" to be known today (December 22)

The rank list of the best bidders for purchase of metallurgy complex RTB "Bor" will be announced today (December 22, 2006) at the meeting of the Tender Commission.

The bids for purchase of have been delivered by consortium "Orn Event Fund LPp & East Point Holdings", Cyprian "Amalco", Romanian "Cuprum" and Cyprian "Strikeforce", which has been eliminated from the game in the meantime.

The highest price for the assets is offered by Romanian "Cuprum" - 400m USD, consortium "Orn Event Fund LP & East Point Holdings" offered 340.1m USD, whereas Cyprian "Amalco" gave financial bid in amount of 288m USD. The basic criterium for ranking on the rank list should be the offered price, because these incomes are to be used for settlement of debts to creditors of RTB "Bor". The total debt to the creditors amounts to nearly 600m USD.