Vodafone Ukraine, which is part of NEQSOL Holding, announces the completion of regular interest payments on Eurobonds.
On February 11, 2020, the Company successfully priced its debut international capital markets issuance – 5-year bonds (“Eurobonds”) amounting to $500 million with a yield of 6.20%. Vodafone marked the lowest price in the entire history of Eurobonds issuance by a corporate issuer from Ukraine.
In accordance with the placement conditions, the coupon, namely the interest on the placed bonds, shall be paid every 6 months.
“Despite the difficult conditions caused by the war and the subsequent economic downturn, we continue to fulfill our commitments. This demonstrates the stability of our business and loan funds management efficiency, – commented on the payments Olga Ustynova, Vodafone Ukraine CEO. – The Company remains committed to maintaining a robust liquidity position as well as a sustainable debt leverage profile.”
As of today, the amount of the bond balance is $400 million. The Company has already redeemed and made a premature payment of $100 million.
Vodafone Ukraine has been successfully operating on the international debt capital market since 2018.
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For additional information, please contact:
Vodafone
Investor Relations
IR@vodafone.ua
About Vodafone
Vodafone is one of the world’s largest telecommunications companies and provides a range of services including mobile voice, data, messaging, fixed broadband and cable television. The operator has mobile operations in 21 countries, partners with mobile networks in 52 countries. As of 31 December 2021, Vodafone had over 300 million mobile customers, 28 million fixed broadband customers. The Company connects over 142 mil IoT devices and platforms. For more information, please visit www.vodafone.com.
Vodafone Ukraine is a leading mobile operator in Ukraine that provides high-speed 3G and 4G Internet services. Vodafone’s investments during the active construction of high-speed Internet networks in 2015-1Q2022 exceeded UAH 32.7 bln. The record investments allowed to provide technological leadership and to develop new technological services – Internet of Things (IoT), technologies and solutions for Smart City, big data analytics, Fintech services, cloud services. Vodafone has over 19 million customers in Ukraine. Since December 2019, Vodafone Ukraine has been part of NEQSOL Holding.
About NEQSOL Holding
NEQSOL Holding is a diversified group of companies operating across industries and countries. The main business areas cover oil and gas, telecommunications, hi-tech, and construction industries.
The group of companies operates in the UK, the USA, Turkey, Azerbaijan, Ukraine, Georgia, Kazakhstan, the UAE, and other countries.
