VEON's Big Return: USD 210 Million Loan Fuels Digital Revolution!

Ladies and gentlemen, buckle up! VEON, the global digital operator, has just pulled off a massive coup in the capital markets. They've secured a USD 210 million senior unsecured term loan from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks. This isn't just any loan; it's a 24-month facility that marks VEON's triumphant return to the capital markets. And let me tell you, this is a game-changer!



First things first, this loan is unsecured. That means VEON didn't have to put up any collateral. The lenders are so confident in VEON's ability to repay that they're willing to take the risk. That's a big deal, folks! It shows that the market has faith in VEON's digital operator strategy and its financial health.

Now, let's talk about the interest rate. The loan bears interest at SOFR plus 425 basis points. That's higher than the risk-free rate, but it's a testament to VEON's creditworthiness. The lenders believe that VEON can generate enough cash flow to service its debt obligations. And with a 24-month term, VEON has plenty of time to execute on its digital transformation and expansion plans.

But the real kicker here is the impact on VEON's financial flexibility and overall financial position. This loan is a headquarters-level syndicated loan, which means it's a strategic financing initiative aimed at enhancing VEON's overall financial flexibility and position. It will strengthen VEON's liquidity position, enabling the company to invest in its digital transformation and expansion plans.

And let's not forget the market confidence this loan reflects. VEON's Group CEO Kaan Terzioglu and Group CFO Burak Ozer both emphasized the market's strong confidence in VEON's strategy, financial health, and future. This loan is a testament to VEON's strong relationships with its banks and other financial partners, and it will significantly enhance the Group's financial flexibility and strengthen its overall financial position.

So, what does this mean for you, the investor? It means that VEON is poised for growth. The company's digital operator strategy is on track, and this loan will provide the financial resources needed to execute on that strategy. With a strong liquidity position and market confidence, VEON is well-positioned to deliver growth and long-term value creation for all stakeholders.

But don't just take my word for it. Look at the numbers. VEON reported an 8.3% year-on-year increase in total revenue, reaching USD 4,004 million, and a 4.9% rise in EBITDA to USD 1,691 million. The results, released on March 20, 2025, highlight VEON's robust growth in digital services, which saw a 63.0% increase in direct digital revenue. The company also outlined its strategic priorities and growth outlook for 2025, including a share buyback program and continued focus on digital transformation.

So, if you're looking for a company that's on the cutting edge of the digital revolution, look no further than VEON. This loan is a clear indication that the market believes in VEON's strategy and its ability to execute on that strategy. And with a strong liquidity position and market confidence, VEON is well-positioned to deliver growth and long-term value creation for all stakeholders.

So, what are you waiting for? Get in on the action! VEON is a no-brainer, and this loan is just the latest evidence of the company's strength and potential. Don't miss out on this opportunity to be part of the digital revolution!