VEON Gets Unanimous Support from Noteholders Voting in Consent Solicitation to Facilitate Indirect Listing of Kyivstar on Nasdaq
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VEON Ltd. has received unanimous support from noteholders for a consent solicitation to facilitate the indirect listing of Kyivstar on Nasdaq. This involves substituting a new VEON subsidiary for the issuer of its senior unsecured notes.
January 30, 2025 | 11:45 am
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POSITIVE IMPACT
VEON Ltd. has successfully completed a consent solicitation with unanimous support from noteholders, facilitating the indirect listing of Kyivstar on Nasdaq. This strategic move could enhance VEON's market presence and investor interest.
The unanimous support from noteholders indicates strong confidence in VEON's strategic direction. The indirect listing of Kyivstar on Nasdaq could increase VEON's visibility and attract more investors, potentially boosting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100