The information is accurate as of 30 September 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 + 1.95% | USD | 610 | 610 | 20.10.2022 | None | None |
| VEON Holdings B.V. | Revolving Credit Facility2 | SOFR + 1.95% | USD | 363 | 363 | 30.11.2022 | None | None |
| VEON Holdings B.V. | Notes | 5.950% | USD | 529 | 529 | 13.02.2023 | None | None |
| VEON Holdings B.V. | Notes | 7.250% | USD | 700 | 700 | 26.04.2023 | None | None |
| VEON Holdings B.V. | Notes | 4.950% | USD | 533 | 533 | 16.06.2024 | None | None |
| VEON Holdings B.V. | Notes | 4.000% | USD | 1,000 | 1,000 | 09.04.2025 | None | None |
| VEON Holdings B.V. | Notes | 6.300% | RUB | 20,000 | 348 | 18.06.2025 | None | None |
| VEON Holdings B.V. | Notes | 6.500% | RUB | 10,000 | 175 | 11.09.2025 | None | None |
| VEON Holdings B.V. | Notes | 8.125% | RUB | 20,000 | 348 | 16.09.2026 | None | None |
| VEON Holdings B.V. | Notes | 3.375% | USD | 1,250 | 1,250 | 25.11.2027 | None | None |
| TOTAL VEON Holdings B.V. | 5,856 | |||||||
| PJSC VimpelCom | Loan from Sberbank | CBR Key Rate + 1.90% | RUB | 45,000 | 784 | 22.12.2026 | None | None |
| PJSC VimpelCom | Loan from Alfa Bank | 10.10% | RUB | 30,000 | 523 | 23.12.2026 | None | None |
| PJSC VimpelCom | Loan from Alfa Bank | CBR Key Rate + 2.15% | RUB | 15,000 | 261 | 23.12.2026 | None | None |
| PJSC VimpelCom | Other | 8 | ||||||
| TOTAL PJSC VimpelCom | 1,576 | |||||||
| PMCL | Syndicated Loan Facility | 6M KIBOR + 0.55% | PKR | 33,848 | 148 | 02.09.2026 | None | Certain assets of the borrower |
| PMCL | Loan from Habib Bank Limited | 6M KIBOR + 0.55% | PKR | 14,369 | 63 | 02.09.2026 | None | Certain assets of the borrower |
| PMCL | Syndicated Loan Facility | 6M KIBOR + 0.55% | PKR | 15,000 | 66 | 18.05.2028 | None | Certain assets of the borrower |
| PMCL | Syndicated Loan Facility | 3M KIBOR + 0.60% | PKR | 50,000 | 219 | 05.07.2031 | None | Certain assets of the borrower |
| PMCL | Syndicated Loan Facility | 6M KIBOR + 0.60% | PKR | 30,000 | 131 | 19.04.2032 | None | Certain assets of the borrower |
| PMCL | Other | 33 | ||||||
| TOTAL Pakistan Mobile Communications Limited | 660 | |||||||
| PJSC Kyivstar | Loan from OTP Bank | 10.15% | UAH | 760 | 21 | 22.12.2023 | None | None |
| PJSC Kyivstar | Loan from Raiffeisen Bank | 11,00% | UAH | 1,400 | 38 | 26.11.2025 | None | None |
| Total Private Joint Stock Company Kyivstar | 59 | |||||||
| Banglalink | Syndicated Loan Facility | Average bank deposit rate + 4.25%3 | BDT | 12,000 | 119 | 26.04.2027 | None | None |
| Other | 10 | |||||||
| TOTAL Banglalink Digital Communications Ltd. | 129 | |||||||
| Other entities | Cash-pool overdrawn accounts4 and other | 15 | ||||||
| Total VEON consolidated | 8,295 | |||||||
1 Excluding lease liabilities
2 Outstanding amounts under RCF can be rolled over till final maturity date of RCF in 2024 and 2025.
3 The floating interest rate of the syndicted loan facility is subject to a cap and floor
4 As of Sep 30, 2022 USD 50k were overdrawn under the cash pool on some accounts, while overall balance remained positive.
Download the Consolidated Debt Overview