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General

Vimpelcom issues EUR 4 bln bonds to refinance Wind debt

Wednesday 25 June 2014 | 15:53 CET | News
Vimpelcom has issued EUR 4.07 billion of 6-year senior high yield bonds with a view to refinancing debt at its subsidiaries Wind Telecomunicazioni (Wind) and Wind Acquisition Finance (WAF). According to Vimpelcom, the move will result in approximately EUR 300 million of total savings in annual interest costs. WAF priced a total of EUR 4.07 billion equivalent senior secured notes in a combination of EUR 575 million euro-denominated Euribor plus 4 percent floating rate notes due 2020 and of EUR 3.495 billion equivalent fixed rate notes in a combination of EUR 2.1 billion 4 percent notes due

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Categories: General
Companies: Vimpelcom / Wind
Countries: Italy
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