Debt Overview

The information is accurate as of 30 June 2022

VEON consolidated debt overview1

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 Facility2 SOFR + 1.7%  USD  610 610 20.10.2022 None None
VEON Holdings B.V. Revolving Credit Facility2 SOFR + 1.7%  USD  363 363 30.11.2022 None None
VEON Holdings B.V. Notes 5.9500%  USD  529 529 13.02.2023 None None
VEON Holdings B.V. Notes 7.2500%  USD  700 700 26.04.2023 None None
VEON Holdings B.V. Notes 4.9500%  USD  533 533 16.06.2024 None None
VEON Holdings B.V. Notes 4.0000%  USD  1,000 1,000 09.04.2025 None None
VEON Holdings B.V. Notes 6.3000%  RUB  20,000 391 18.06.2025 None None
VEON Holdings B.V. Notes 6.5000%  RUB  10,000 195 11.09.2025 None None
VEON Holdings B.V. Notes 8.1250% RUB 20,000 391 16.09.2026 None None
VEON Holdings B.V. Notes 3.3750% USD 1,250 1,250 25.11.2027 None None
TOTAL VEON Holdings B.V.       5,962      
PJSC VimpelCom Loan from Sberbank CBR Key Rate + 1.9% RUB 45,000 880 22.12.2026 None None
PJSC VimpelCom Loan from Alfa Bank 10.1000% RUB 30,000 586 23.12.2026 None None
PJSC VimpelCom Loan from Alfa Bank CBR Key Rate + 2.15% RUB 15,000 293 23.12.2026 None None
PJSC VimpelCom Other       10      
TOTAL PJSC VimpelCom       1,769      
PMCL Syndicated Loan Facility 6M KIBOR + 0.55%  PKR  33,848 166 02.09.2026 None Certain assets of the borrower
PMCL Loan from Habib Bank Limited 6M KIBOR + 0.55%  PKR  14,369 70 02.09.2026 None Certain assets of the borrower
PMCL Syndicated Loan Facility 6M KIBOR + 0.55%  PKR  15,000 74 18.05.2028 None Certain assets of the borrower
PMCL Syndicated Loan Facility 3M KIBOR + 0.60%  PKR  50,000 245 05.07.2031 None Certain assets of the borrower
PMCL Syndicated Loan Facility 6M KIBOR + 0.60%  PKR  30,000 147 19.04.2032 None Certain assets of the borrower
PMCL Other       39      
TOTAL Pakistan Mobile Communications Limited       741      
PJSC Kyivstar Loan from OTP Bank 10.1500% UAH 760 26 22.12.2023 None None
PJSC Kyivstar Loan from Raiffeisen Bank 11,0000%  UAH 1,400 48 26.11.2025 None None
Total Private Joint Stock Company Kyivstar       74      
Banglalink Syndicated Loan Facility Average bank deposit rate + 4.25% BDT 9,000 96 26.04.2027 None None
Other         12      
TOTAL Banglalink Digital Communications Ltd.       108      
Other entities Cash-pool overdrawn accounts3 and other       20      
Total VEON consolidated         8,674      

 

1 Excluding lease liabilities

2 Outstanding amounts under RCF can be rolled over till final maturity date of RCF in 2024 and 2025.

3 As of June 30, 2022 USD 3m were overdrawn under the cash pool on some accounts, while overal balance remained positive.

 

 

 

Download the Consolidated Debt Overview