Vimpelcom prices $1.5bn to fund identity transition
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Emerging MarketsCEE

Vimpelcom prices $1.5bn to fund identity transition

Vimpelcom raised $1.5bn at its holding company level on Tuesday, as it looks to complete its transition into a more streamlined, western-looking borrowing entity. Though it appears to be looking to shake off its Russian associations, investors say the risk is still the same.

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