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

Download the Debt By Entity information

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

Download the Bond Summaries information

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.

 

Download the Debt Overview information

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