Science & Technology
Tue, March 20, 2012Mon, March 19, 2012Sun, March 18, 2012Sat, March 17, 2012Fri, March 16, 2012Thu, March 15, 2012Wed, March 14, 2012Tue, March 13, 2012VimpelCom Issues Ruble Bonds of RUB 25 Billion
//science-technology.news-articles.net/content/2 .. pelcom-issues-ruble-bonds-of-rub-25-billion.html
Published in Science and Technology on Friday, March 16th 2012 at 8:51 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
VimpelCom Issues Ruble Bonds of RUB 25 Billion -- AMSTERDAM, March 16, 2012 /PRNewswire/ --
VimpelCom Issues Ruble Bonds of RUB 25 Billion
AMSTERDAM, March 16, 2012 /PRNewswire/ -- "VimpelCom Ltd" ("VimpelCom", "Company" or "Group") (NYSE: [ VIP ]), a leading global provider of telecommunications services, today announced that OJSC VimpelCom closed the books for the placement of its non-convertible interest-bearing documentary bonds of the 01 and 04 series with a total amount of RUB 25 billion (USD 845 million). The bonds mature in 10 years with a put option in 3 years. As a result of the placement the coupon rate was set at 8.85% per annum.
Settlements under the deal will take place upon bond placement on MICEX on March 20, 2012. Alfa Bank, Raiffeisen Bank and Troika Dialog are acting as Lead Managers and Joint Bookrunners on OJSC VimpelCom bonds offering.
The proceeds of the offering will be used for OJSC VimpelCom's general corporate purposes including refinancing of the existing debt.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The securities will not be registered under the Securities Act of 1933, as amended (the "Securities Act"). Unless and until so registered, the securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
About VimpelCom
VimpelCom is one of the world's largest integrated telecommunications services operators offering a wide range of wireless, fixed, and broadband services in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Vietnam, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic, Italy and Canada. VimpelCom's operations around the globe cover territory with a total population of approximately 864 million people. VimpelCom provides services under the "Beeline", "Kyivstar", "djuice", "Wind", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of December 31, 2011 VimpelCom had 205 million mobile subscribers on a combined basis. VimpelCom is traded on the New York Stock Exchange under the symbol (VIP). For more information visit: [ http://www.vimpelcom.com ].
SOURCE VimpelCom Ltd.
[ Back to top ] RELATED LINKS
[ http://www.vimpelcom.com ]
