2 Apr 2015 18:23

Moody's confirms Vimpelcom's 'Ba3' rating, outlook stable

MOSCOW. April 2 (Interfax) - Moody's Investors Service has confirmed the Ba3 corporate family rating (CFR) and Ba3-PD probability of default rating (PDR) of VimpelCom Ltd, the agency said in a press release.

Concurrently, Moody's has confirmed the Ba3 senior unsecured issuer rating of Vimpel-Communications OJSC and Ba3 senior unsecured ratings assigned to debt instruments issued by VimpelCom Holdings B.V., Vimpel-Communications OJSC and VIP Finance Ireland Limited.

The outlook on all ratings is stable. This concludes the review for downgrade initiated by Moody's on 23 December 2014.