6-K 1 d825236d6k.htm FORM 6-K FORM 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of November 2014

Commission File Number 1-34694

 

 

VimpelCom Ltd.

(Translation of registrant’s name into English)

 

 

The Rock Building, Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            .

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

VIMPELCOM LTD.

    (Registrant)

Date: November 20, 2014

     
    By:  

/s/ Scott Dresser

    Name:   Scott Dresser
    Title:   Group General Counsel


 

LOGO

VimpelCom signs a new USD 1 billion credit facility

Amsterdam (November 19, 2014) - “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP), a leading global provider of telecommunications services in 14 countries and headquartered in Amsterdam, today announces that it has signed a new credit facility with China Development Bank and Bank of China in the amount of USD 1 billion for VimpelCom Holdings BV. The facility, which has a tenor of eight years, is unsecured and guaranteed by VimpelCom Amsterdam B.V. The newly signed USD 1 billion credit facility is in addition to the USD 0.5 billion credit facility signed with the China Development Bank in December 2012.

“Our funding and liquidity position remains extremely solid and this facility only provides even greater financial flexibility for the Group,” said Andrew Davies, Chief Financial Officer. “Our cash flows remain robust and, with an improved debt maturity schedule, no major refinancing obligations until 2020, and a strong liquidity position, VimpelCom is well funded.”

The credit facility will be used to fund capital expenditures for various operating companies. VimpelCom has been investing in high quality networks across its operations to capture the opportunity from growth in mobile data and strengthen the Company’s value proposition to its customers.

About VimpelCom

VimpelCom, an international telecoms company operating in 14 countries and headquartered in Amsterdam, is one of the world’s largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, and Zimbabwe. VimpelCom’s operations around the globe cover territory with a total population of approximately 739 million people. VimpelCom provides services under the “Beeline”, “Kyivstar”, “WIND”, “Infostrada” “Mobilink”, “banglalink”, “Telecel”, and “Djezzy” brands. As of September 30, 2014, VimpelCom had 223 million mobile customers on a combined basis. VimpelCom is traded on the NASDAQ Global Select Market under the symbol (VIP). For more information visit: http://www.vimpelcom.com.

Contact information

 

Investor Relations

VimpelCom Ltd.

Gerbrand Nijman /Remco Vergeer

ir@vimpelcom.com

Tel: +31 20 79 77 200 (Amsterdam)

 

Media and Public Relations

VimpelCom Ltd.

Bobby Leach / Artem Minaev

pr@vimpelcom.com

Tel: +31 20 79 77 200 (Amsterdam)

©VimpelCom Ltd. November 19, 2014

 

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