Vimpelcom lines up USD1bn loan

2 Sep 2008

Russia’s second largest cellular operator Vimpelcom is reportedly considering taking out a three-year USD1 billion syndicated loan to be used for general corporate finances. A report from Reuters quotes a source close to the company who says the loan will be made in mid-September. Earlier this year Vimpelcom secured a USD3.5 billion facility to help finance its acquisition of fixed line sister company Golden Telecom.

Russia, Beeline (Russia), VEON