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Commentary & Deal Flow

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NEW ISSUE: VEON Holdings US$ bnchmrk 7y; 3.625%a

IGC US Market: Deal Flow - GeneralIGC European Market: Deal Flow - General

VEON Holdings BV (VIP) exp NR/BB+/BBB- US$ benchmark 144A/Reg S 7y sr unsec notes due 11/25/27. MWC then 3mos par call, clean up call. Citi (B&D)/ING/JPM joint books. List Lux/Euro MTF. English Law. FCA/ICMA stabilisation. Pricing today. Settle 11/25 (T+5). IPTs: 3.625% area.