Vimpelcom placed Rbs20bn (US$658m) worth of bonds to finance the expansion of the Russian operator’s core business last week.
The five-year bonds bear an annual interest rate of 8.3%. The issue was led by Alfa Bank, Raiffeisen Bank and Renaissance…
Vimpelcom placed Rbs20bn (US$658m) worth of bonds to finance the expansion of the Russian operator’s core business last week.
The five-year bonds bear an annual interest rate of 8.3%. The issue was led by Alfa Bank, Raiffeisen Bank and Renaissance Capital.
Headquarted in Amsterdam, VimpelCom has operations in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Georgia, Armenia, Kyrgyzstan, Vietnam and Cambodia. In Russia, it competes with MTS and MegaFon on the mobile market. Its main shareholders are Altimo and Telenor. The company is currently working on a merger with Naguib Sawiris’ Weather investments.
