Vimplecom’s M&A set to enliven loans market

07 Oct 2010

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 ...

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