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VEON ( (VEON) ) has shared an update.
On May 18, 2026, VEON announced that its subsidiary VEON MidCo B.V. has begun investor meetings for a potential dual-tranche offering of unsecured U.S. dollar medium-term notes, comprising five-year and seven-year tranches with respective non-call periods of two and three years. The planned issuance is designed to extend the group’s average debt maturity while aligning its funding profile with long-term strategic objectives.
VEON intends to use the net proceeds primarily to finance a tender offer launched the same day for up to USD 750 million of its outstanding 3.375% Senior Notes due 2027, which have an aggregate principal of about USD 1.01 billion. Any remaining funds are expected to support further debt reduction and general corporate purposes, underscoring the company’s focus on capital structure optimization and balance sheet strengthening for bondholders and other stakeholders.
The most recent analyst rating on (VEON) stock is a Buy with a $110.00 price target. To see the full list of analyst forecasts on VEON stock, see the VEON Stock Forecast page.
Spark’s Take on VEON Stock
According to Spark, TipRanks’ AI Analyst, VEON is a Neutral.
The score is driven primarily by strong operating/cash performance and a constructive earnings update (raised revenue guidance, strong Q1 growth, ongoing buybacks). Offsetting factors are balance-sheet risk and refinancing uncertainty, plus limited support from valuation metrics due to a negative P/E and no dividend yield data.
To see Spark’s full report on VEON stock, click here.
More about VEON
VEON Ltd. is a global digital operator that provides mobile connectivity and digital services, serving over 150 million connectivity customers and more than 228 million digital users. Operating in five countries that together account for more than 6% of the world’s population, the NASDAQ-listed group focuses on technology-driven services aimed at empowering individuals and supporting economic growth.
Average Trading Volume: 115,271
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.73B
Learn more about VEON stock on TipRanks’ Stock Analysis page.