Veon (VEON) said Wednesday it completed the pricing of a $200 million private placement of senior unsecured notes due 2029 with institutional investors.
The notes, issued by Veon MidCo B.V., are priced at par and carry an annual interest rate of 9%. Settlement is expected on July 15.
Veon said it will use the proceeds for general corporate purposes and to optimize its capital structure.
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