Brief: Telecoms company Veon: obtains remaining licences required to amend its 2023 Notes and extend their maturities

VEON

03/04/2023 06:05

April 3 (Reuters) - VEON Ltd  VON.AS :
    * VEON OBTAINS REMAINING LICENCES REQUIRED TO AMEND ITS 2023
NOTES
AND EXTEND THEIR MATURITIES
    * RECEIVED REMAINING LICENCES AND REGULATORY CONFIRMATIONS
REQUIRED TO IMPLEMENT AMENDMENTS TO ITS 2023 NOTES FROM UK,
DUTCH AND BERMUDA AUTHORITIES.
    * VEON CEO: WE BELIEVE THAT THESE AMENDMENTS PROVIDE US WITH
ADDITIONAL TIME TO CONCLUDE SALE OF OUR RUSSIAN BUSINESS AND TO
MITIGATE RISK OF DOUBLE PAYMENTS OF PRINCIPAL

Source text for Eikon:  ID:nGNE1SdvBs 
Further company coverage:  VON.AS 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))