Veon mandates for roubles

Rouble_Russia_Adobe_230x150
By Ross Lancaster
08 Jun 2020

Veon, the emerging markets telecommunications firm, has mandated for a rouble bond issue, six months since its last trade, a hard currency offering.

The Russian telecoms company, formerly known as Vimpelcom, has mandated Alfa-Bank, Citi, Sberbank CIB and VTB Capital as joint bookrunners on the deal.

The Baa1/ BBB/ BBB rated issuer wants to issue a Reg S/144A five year rouble deal, which will be Euroclearable. Veon is ...

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