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OJSC VimpelCom Announces The Exercise Of A Put Option By Holders Of Its Ruble-Denominated Bonds Due March 14, 2022AMSTERDAM, 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 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ojsc-vimpelcom-announces-the-exercise-of-a-put-option-by-holders-of-its-ruble-denominated-bonds-due-march-14-2022-300056925.html SOURCE VimpelCom Ltd. |