Vimpelcom cuts bridge after shareholders vote for Wind takeover

Vimpelcom’s shareholders narrowly approved the company’s acquisition of Wind Telecom on Thursday, allowing the Russian telco to proceed with a bridge loan, reduced from $2.5bn to $1.3bn, to help finance the takeover.

  • 17 Mar 2011

The company is financing the $6.5bn purchase through $1.5bn of bonds, raised in January, and a $2.5bn term loan provided by Russian banks.

This is the second time Vimpelcom has reduced the size of the bridge loan. It was originally set to be a $4bn facility provided by Barclays, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%