Debt Overview

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