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VEON Ltd. Repays and Cancels $805M Credit Facility
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VEON Ltd. Repays and Cancels $805M Credit Facility

VEON Ltd (VEON) has released an update.

VEON Ltd., a global digital operator, has fully repaid its revolving credit facility (RCF) of $805 million and subsequently cancelled it, aiming to reduce interest expenses as part of its strategic financial management. The company, which serves nearly 160 million customers worldwide and is listed on both Nasdaq and Euronext, emphasizes its commitment to strong balance sheet practices.

For further insights into VEON stock, check out TipRanks’ Stock Analysis page.

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