VEON Ltd.
No SEC Form 4 filings for $VEON in the last 30 days.
VEON's subsidiary, VEON Midco B.V., has priced a $1.4 billion bond offering consisting of two tranches of senior unsecured notes. The offering includes $700 million in 6.95% Senior Notes due 2031 and $700 million in 7.45% Senior Notes due 2033, both priced at par. The proceeds will be used to refinance existing debt, including a tender offer for up to $750 million of its 3.375% Senior Notes due 2027.
VEON reported a strong Q1 2026, with group revenues increasing by 17% to $1.2 billion and digital revenues surging by 57.7% to $303 million, now comprising over 25% of total revenues. The company raised its 2026 revenue growth guidance to 11%-14%, driven by its successful digital transformation strategy and strong operational momentum across its markets, particularly in Pakistan and Ukraine. Despite geopolitical uncertainties and inflationary pressures, VEON emphasizes its commitment to disciplined capital allocation, shareholder value creation through share repurchases, and expanding its digital ecosystem.
VEON Ltd. (NASDAQ:VEON) has received a consensus "Buy" recommendation from analysts, with an average target price of $67.00. The company recently reported Q4 EPS of -$0.44 and $1.17 billion in revenue. Institutional investors have notably increased their holdings in VEON.
