RTTNews | Dec 24, 2020 07:05AM EST

07:05 Thursday, December 24, 2020 (RTTNews.com) - VEON Ltd. (VEON) said that its operating company in Ukraine, Kyivstar, has signed three bilateral unsecured loan agreements with Raiffeisen Bank Aval Joint Stock Company, Joint Stock Company Alfa-Bank and Joint Stock Company OTP Bank, for an aggregate amount of about $145 million.

The loan agreement with Raiffeisen has a 5-year term, and the loan agreements with Alfa-Bank and OTP have a 3-year term.

In addition, VEON said that its subsidiary in Kazakhstan, KaR-Tel, has signed a bilateral unsecured loan agreement with Forte Bank JSC for about $25 million, which has a 3-year term.

Read the original article on RTTNews ( https://www.rttnews.com/3156082/veon-s-subsidiaries-in-ukraine-and-kazakhstan-sign-loan-agreements-for-170-mln.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved