Vodafone paid $12 million of interest on Eurobonds

Vodafone Ukraine, which is part of NEQSOL Holding, announces the completion of regular interest payment on Eurobonds in the amount of USD 12,396,280.00.

Despite the difficult operational and financial environment caused by the war, the company continues servicing its debt in full.

The payment has been transferred from the company's onshore bank account which was possible after the latest currency control liberalization allowing cross-border payments for servicing the debt.

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.

Vodafone Ukraine has been successfully operating on the international debt capital market since 2018.