VEON closes $1.4 billion bond offering to refinance 2027 debt

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VEON Closes USD 1.4 Billion Bond Offering, Refinancing 2027 Notes Ahead of Schedule

June 2, 2026 5:46 AM EDT

Dubai and New York, June 2, 2026 VEON Ltd. (Nasdaq: VEON), a global digital operator (VEON or the Company), today announces the successful closing of a USD 1.4 billion dual-tranche senior unsecured notes offering (the Offering) by its subsidiary VEON Midco B.V. (the Issuer). The Offering refinances substantially all of VEONs debt maturing in 2027 ahead of schedule and reflects sustained confidence in VEONs digital operator transformation and AI1440 strategy.

The Offering, which priced on May 19, 2026, attracted strong interest from a diverse global investor base, including significant participation from leading US institutional fixed-income... More