VEON notifies bondholders of early payment of its 2023 and 2024 notes
September 13 2023 - 6:30AM
Amsterdam, 13 September 2023 – VEON Ltd. (NASDAQ:
VEON, Euronext Amsterdam: VEON), a global digital operator that
provides converged connectivity and online services, and its
subsidiary, VEON Holdings B.V. (“the Company”), today issued two
redemption notices for the early payment of the Company’s bonds
maturing in December 2023 and June 2024.
The Company will redeem in full its senior notes due in December
2023 and June 2024, outstanding as of the redemption date of 27
September 2023.
“The early redemption of these notes fits our broader strategic
objective of pushing out our average debt maturity and pro-actively
addresses upcoming maturities.” said Group CFO Joop Brakenhoff.
The two redemption notices are available on the Company’s
website: www.veon.com/investors
About VEON VEON is a digital operator that provides
converged connectivity and digital services to nearly 160 million
customers. Operating across six countries that are home to
more than 7% of the world’s population, VEON is transforming lives
through technology-driven services that empower individuals and
drive economic growth. Headquartered in Amsterdam, VEON is
listed on NASDAQ and Euronext.
For more information visit: https://www.veon.com.
Disclaimer This release contains “forward-looking
statements,” as the phrase is defined in Section 27A of the U.S.
Securities Act of 1933, as amended, and Section 21E of the U.S.
Securities Exchange Act of 1934, as amended. Forward-looking
statements are not historical facts, and include statements
relating to, among other things, VEON’s balance sheet and liability
management plans. Forward-looking statements are inherently subject
to risks and uncertainties, many of which VEON cannot predict with
accuracy and some of which VEON might not even anticipate. The
forward-looking statements contained in this release speak only as
of the date of this release. VEON does not undertake to publicly
update, except as required by U.S. federal securities laws, any
forward-looking statement to reflect events or circumstances after
such dates or to reflect the occurrence of unanticipated
events.
Contact Information VEON Hande Asik Group Director
of Communication pr@veon.com
Faisal GhoriGroup Director of Investor Relationsir@veon.com
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