VimpelCom’s owner VEON approves $6.5 bln mid-term bond program

MOSCOW, Apr 16 (PRIME) -- Amsterdam-based holding VEON, the sole owner of Russian mobile operator VimpelCom, has established a Global Medium Term Note program (MTN Program) to issue bonds up to U.S. $6.5 billion or equivalent in other currencies, VEON said on Thursday in a statement.

“In connection with the establishment of the MTN Program, VEON has also prepared a base offering memorandum, which today has been approved by the Luxembourg Stock Exchange, in order to enable bonds issued under the MTN Program to be admitted to listing on the Official List of the Luxembourg Stock Exchange and to trading on the Euro MTF market of the Luxembourg Stock Exchange,” VEON said.

“The general terms and conditions of the MTN Program are found in their entirety in the base offering memorandum.”

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