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GC Asia
Vimplecom’s M&A set to enliven loans market
Vimplecom’s widely advertised merger with Naguib Sawiris’ Orascom will require $6.5bn in financing, according to bankers close to the facility.
Up to $4bn of the financing will be provided by international banks while the other $2.5bn will come from domestic Russian banks, according to a loans banker. It is unclear whether the deal will be underwritten.
The merger will establish Vimpelcom as the fifth largest mobile phone operator in ...Already a subscriber? Login
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