Vodafone Ukraine, which is part of NEQSOL Holding, announces the completion of regular interest payments on Eurobonds.
Despite the difficult operational and financial environment caused by the war, the company continues servicing its debt in full.
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.
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.
