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A&O Shearman advises VEON on USD200 million private placement

A&O Shearman advises VEON on USD200 million private placement
Published Date
Jul 25 2025

A&O Shearman has advised VEON on a private placement of USD200m 9.000% Senior Notes due 2029. The use of proceeds is for general corporate purposes and to optimize VEON’s capital structure.

VEON is a Nasdaq-listed digital operator that provides converged connectivity and digital services to nearly 160 million customers and operates across six countries.

Brad Weyland, lead partner, A&O Shearman said: “We are extremely proud to have advised VEON on its first capital raise via bonds since 2021, marking the company's return to the international bond markets. Having worked with VEON over many years and through many stages of its development, I was delighted to support the company through this important milestone and see the transaction through to a successful close."

The A&O Shearman team was led by high yield partner Brad Weyland and senior associate Odysseas Theofanis, supported by associates Chan Sriram and Shruti Sethi.

Cross-border advice was provided by A&O Shearman’s global financial markets team in the Netherlands led by partner Jonathan Heeringa and senior associate Natusia Szeliga, supported by associate Evy Tuijn.

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