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General

Telenor prices Vimpelcom ADS offer at USD 3.50 each

Friday 16 September 2016 | 12:56 CET | News
Telenor said that the underwriters have priced its offering of 142.5 million Vimpelcom American Depositary Shares (ADS) in the US at USD 3.50 each, which would result in net proceeds to Telenor of USD 486.3 million. The ADS had closed at USD 3.62 on 15 September on Nasdaq.

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Categories: General
Companies: Telenor / Vimpelcom
Countries: World
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