S&P has assigned a rating of BB
Credit rating agency Standard & Poor’s assigned a rating of “BB” to the revolving credit line (revolving credit facility) of VimpelCom Amsterdam Ltd. The amount of the loan is USD500 million, and the note matures in 2014.
In addition, S&P also assigned a rating of “BB” to the company’s revolving credit facility in the amount of 15 billion roubles maturing in 2014 and to the issue of bonds worth 35 billion roubles by OJSC Vimpel-Communications (“BB”, outlook “negative”), the Russian operating subsidiary of VimpelCom Ltd.