Bloomberg News

VimpelCom Boosts 10-Year Bond Offering to 25 Billion Rubles

March 15, 2012

OAO VimpelCom (VIP) will accept bids today and tomorrow for 25 billion rubles ($845 million) of 10- year bonds.

Placement of the notes, which will be sold in portions of 15 billion rubles and 10 billion rubles, is planned for March 20, according to a regulatory filing by the company today. The bonds will have a three-year put option, it said.

VimpelCom plans to offer the notes with coupon guidance of 9.25 percent to 9.75 percent, ZAO Raiffeisenbank, one of the organizers, said March 12.

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Alex Nicholson at anicholson6@bloomberg.net


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