AMSTERDAM, March 27, 2015 /PRNewswire/ -- VimpelCom
Ltd. ("VimpelCom", "the Company" or "the Group") (NASDAQ: VIP) a
leading global provider of telecommunications services with
operations in 14 countries and headquartered in Amsterdam, and its subsidiary OJSC
"Vimpel-Communications" ("OJSC VimpelCom") today announce the
exercise of a put option by holders of the 8.85% RUB 10 billion bonds (approximately USD 0.2 billion) due March
14, 2022 issued by OJSC VimpelCom (the "Bonds"). The Bonds
were issued on March 26, 2012 with a
10-year maturity, subject to a put option in 3 years. Holders of
the Bonds exercised the put option for a total amount of
RUB 9.99 billion (approximately
USD 0.2 billion) or 99% of the
Bonds.
About VimpelCom
VimpelCom, an international
telecoms company operating in 14 countries and headquartered in
Amsterdam, is one of the world's
largest integrated telecommunications services operators providing
voice and data services through a range of traditional and
broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, and Zimbabwe. VimpelCom's operations around the
globe cover territory with a total population of approximately 740
million people. VimpelCom provides services under the "Beeline",
"Kyivstar", "WIND", "Infostrada" "Mobilink", "banglalink",
"Telecel", and "Djezzy" brands. As of December 31, 2014, VimpelCom had 222 million
mobile customers on a combined basis. VimpelCom is traded on the
NASDAQ Global Select Market under the symbol (VIP). For more
information visit: http://www.vimpelcom.com
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SOURCE VimpelCom Ltd.