Credit Investors
The information is accurate as of 30 September 2023
Debt per entity and per type*
(USD, millions)
Entity
Bonds
Loans
Cash-pool overdrafts and others
Total
VEON Holdings B.V.
1.757
1.055
-
2.812
Pakistan Mobile Communications Limited
-
511
6
517
Banglalink Digital Communications Ltd.
-
91
-
91
Others
7
6
29
42
Total
1.764
1.663
35
3.462
PJSC VimpelCom (deconsolidated on 9 October 2023)
1.766
924
-
2.690
*Excluding lease liabilities
The information is accurate as of 30 September 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 38,571,000
5.9500%
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 496,231,000
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 9,039,800,000
6.3000%
Semi annual
Not Rated
VEON Holdings B.V.
Notes due 2025
XS2226712995 XS2226716392
September 11, 2020
September 11, 2025
RUB 10,000,000,000
RUB 3,223,900,000
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 1,356,500,000
8.1250%
Semi annual
Not Rated
VEON Holdings B.V.
Notes due 2027
US91823N2A05 XS2252958751
November 25, 2020
November 25, 2027
USD 1,250,000,000
USD 1,082,727,000
3.3750%
Semi annual
Not Rated
The information is accurate as of 30 September 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 + 1.5%
USD
805
805
09.03.2025
None
None
VEON Holdings B.V.
Revolving Credit Facility**
SOFR + 1.5%
USD
250
250
09.03.2024
None
None
VEON Holdings B.V.
Notes
5.9500%
USD
39
39
13.10.2023
None
None
VEON Holdings B.V.
Notes
4.0000%
USD
496
496
09.04.2025
None
None
VEON Holdings B.V.
Notes
6.3000%
RUB
9.040
92
18.06.2025
None
None
VEON Holdings B.V.
Notes
6.5000%
RUB
3.224
33
11.09.2025
None
None
VEON Holdings B.V.
Notes
8.1250%
RUB
1.357
14
16.09.2026
None
None
VEON Holdings B.V.
Notes
3.3750%
USD
1.083
1.083
25.11.2027
None
None
TOTAL VEON Holdings B.V.
2.812
PMCL
Syndicated Loan Facility
6M KIBOR + 0.55%
PKR
25.386
88
02.09.2026
None
Certain assets of the borrower
PMCL
Loan from Habib Bank Limited
6M KIBOR + 0.55%
PKR
10.777
37
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
27
TOTAL Pakistan Mobile Communications Limited
517
Banglalink
Syndicated Loan Facility
Average bank deposit rate + 4.25%
BDT
9.480
86
26.04.2027
None
None
Other
5
TOTAL Banglalink Digital Communications Ltd.
91
Other entities
Overdrawn accounts and other
42
Total VEON consolidated
3.462