New Issue: VF Ukraine prices $500 million five-year loan participation notes

By Marisa Wong

Los Angeles, Feb. 4 – VF Ukraine PJSC priced through subsidiary VFU Funding plc $500 million of fixed-rate five-year non-call two-year senior loan participation notes (B/B) at par, according to a notice.

J.P. Morgan Securities plc, Raiffeisen Bank International, Dragon Capital and ICBC Standard Bank are managers for the benchmark offering.

The mobile operator is based in Kiev, Ukraine.

Issuer:	VFU Funding plc
Issue:	Senior loan participation notes
Amount:	$500 million
Maturity:	Five years
Managers:	J.P. Morgan Securities plc, Raiffeisen Bank International, Dragon Capital and ICBC Standard Bank
Price:	Par
Call option:	Non-callable for two years
Announcement date:	Feb. 4
Ratings:	S&P: B
	Fitch: B
Listing:	Euronext Dublin

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