Related Issuers
by Chris Reich
Nov 18, 2020 9:58 AM ET
VEON Holdings BV (VIP) exp NR/BB+/BBB- US$ benchmark (exp US$1-1.25bn) 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.
GUIDANCE: 3.50% area. Books in excess of USD2bn. Books subject at 2pm UKT / 9am EST.
UPDATE: yield set at 3.375%#. Expect size USD1-1.25bn. Additional UOP: refinance upcoming maturities. Current books in excess of USD2.8bn. Books subject, launching shortly.