Vimpelcom Seeking $500 Million Via Syndicated Loan, CEO Says

VimpelCom Ltd. (VIP), Russia’s third- biggest mobile carrier by subscribers, is seeking a $500 million syndicated loan to refinance part of its debt, Chief Executive Officer Jo Lunder said.

The company is selecting banks to help arrange the facility, Lunder told reporters in Almaty, Kazakhstan, today.

To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net

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