VEON announces the pricing of $700,000,000 senior notes
(WorldNews Netherlands)

Amsterdam, 2 October 2019 - VEON Holdings B.V. (the `Issuer`), a subsidiary of VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), announces the pricing of its $700,000,000 4.00% senior unsecured notes due 2025 (the `Notes`), which will be issued subject to market and other customary conditions (the `Offering`). The settlement date for the Offering is expected to be 9 October 2019. The Issuer intends to use the net proceeds of the Offering primarily to refinance certain existing outstanding debt and address upcoming debt maturities, including drawings on the revolving credit facility used to fund the mandatory tender offer for Global Telecom Holding S.A.E., and for general corporate purposes....