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VEON Secures USD 210 Million Term Loan, Enhancing Financial Flexibility

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VEON Secures USD 210 Million Term Loan, Enhancing Financial Flexibility

An announcement from VEON ( (VEON) ) is now available.

On March 27, 2025, VEON Ltd. announced the successful syndication of a 24-month, USD 210 million senior unsecured term loan from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks. This new financing strengthens VEON’s liquidity position and enhances its financial flexibility, reflecting strong market confidence in the company’s strategy and financial health.

More about VEON

VEON is a digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries. The company focuses on technology-driven services that empower individuals and drive economic growth, and it is listed on NASDAQ.

YTD Price Performance: 7.10%

Average Trading Volume: 134,554

Technical Sentiment Signal: Sell

Current Market Cap: $3.24B

For detailed information about VEON stock, go to TipRanks’ Stock Analysis page.

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