Credit Investors
The information is accurate as of 30 June 2023
Debt per entity and per type*
(USD, millions)
Entity
Bonds
Loans
Cash-pool overdrafts and others
Total
VEON Holdings B.V.
2,575
1,055
-
3,630
Pakistan Mobile Communications Limited
-
533
12
545
Banglalink Digital Communications Ltd.
-
102
-
102
Others
7
8
32
47
Total
2,582
1,698
44
4,324
Total Excl. cashpool
4,324
PJSC VimpelCom (classified as 'held for sale')
1,392
1,034
-
2,426
*Excluding lease liabilities
The information is accurate as of 30 June 2023
Issuer
Bonds
ISIN
Date of Issuance
Maturity date
Amount issued
Amount outstanding
Coupon
Coupon frequency
Bond rating
VEON Holdings B.V.
Notes due 2023
US92718WAE93 (144A) XS0889401724 (REGS)
February 13, 2013
October 13, 2023
USD 1,000,000,000
USD 40,204,000
5.9500%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2023
US36251BAB18 (144A) XS1400710726 (REGS)
April 26, 2016
December 27, 2023
USD 700,000,000
USD 140,188,000
7.2500%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2024
US92718WAG42 (144A) XS1625994618 (REGS)
June 16, 2017
June 16, 2024
USD 900,000,000
USD 225,827,000
4.9500%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2025
US92334VAA35 (144A) XS2058691663 (REGS)
October 9, 2019 tap: January 22, 2020
April 9, 2025
USD 1,000,000,000
USD 703,694,000
4.0000%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2025
XS2184900269 (144A) XS2184900186 (REGS)
June 18, 2020
June 18, 2025
RUB 20,000,000,000
RUB 15,418,000,000
6.3000%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2025
XS2226712995 (144A) XS2226716392 (REGS)
September 11, 2020
September 11, 2025
RUB 10,000,000,000
RUB 3,583,400,000
6.5000%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2026
XS2343534462 (144A) XS2343532508 (REGS)
September 16, 2021
September 16, 2026
RUB 20,000,000,000
RUB 5,775,200,000
8.1250%
Semi annual
Not rated
VEON Holdings B.V.
Notes due 2027
US91823N2A05 (144A) XS2252958751 (REGS)
November 25, 2020
November 25, 2027
USD 1,250,000,000
USD 1,181,264,000
3.3750%
Semi annual
Not rated
The information is accurate as of 30 June 2023
VEON consolidated debt overview.*
Entity
Type of debt/ original lenders
Interest rate
Debt currency
Outstanding debt (mln)
Outstanding debt (USD mln)
Maturity date
Guarantor
Security
VEON Holdings B.V.
Revolving Credit Facility**
SOFR + 1.7%
USD
692
692
20.10.2023
None
None
VEON Holdings B.V.
Revolving Credit Facility**
SOFR + 1.7%
USD
363
363
30.11.2023
None
None
VEON Holdings B.V.
Notes
5.9500%
USD
40
40
13.10.2023
None
None
VEON Holdings B.V.
Notes
7.2500%
USD
140
140
27.12.2023
None
None
VEON Holdings B.V.
Notes
4.9500%
USD
226
226
16.06.2024
None
None
VEON Holdings B.V.
Notes
4.0000%
USD
704
704
09.04.2025
None
None
VEON Holdings B.V.
Notes
6.3000%
RUB
15,418
177
18.06.2025
None
None
VEON Holdings B.V.
Notes
6.5000%
RUB
3,583
41
11.09.2025
None
None
VEON Holdings B.V.
Notes
8.1250%
RUB
5,755
66
16.09.2026
None
None
VEON Holdings B.V.
Notes
3.3750%
USD
1,181
1,181
25.11.2027
None
None
TOTAL VEON Holdings B.V.
3,630
PMCL
Syndicated Loan Facility
6M KIBOR + 0.55%
PKR
29,617
103
02.09.2026
None
Certain assets of the borrower
PMCL
Loan from Habib Bank Limited
6M KIBOR + 0.55%
PKR
12,573
44
02.09.2026
None
Certain assets of the borrower
PMCL
Syndicated Loan Facility
6M KIBOR + 0.55%
PKR
15,000
52
18.05.2028
None
Certain assets of the borrower
PMCL
Syndicated Loan Facility
3M KIBOR + 0.60%
PKR
50,000
174
05.07.2031
None
Certain assets of the borrower
PMCL
Syndicated Loan Facility
6M KIBOR + 0.60%
PKR
40,000
139
19.04.2032
None
Certain assets of the borrower
PMCL
Other
33
TOTAL Pakistan Mobile Communications Limited
545
Banglalink
Syndicated Loan Facility
Average bank deposit rate + 4.25%
BDT
10,110
94
26.04.2027
None
None
Other
8
TOTAL Banglalink Digital Communications Ltd.
102
Other entities
Overdrawn accounts and other
47
Total VEON consolidated
4,324
* Excluding lease liabilities
**Outstanding amounts under RCF can be rolled over till final maturity date of RCF in 2024 and 2025. Amounts as per current outstanding tranche maturity.