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VEON Bonds to Re-Enter CEMBI and JACI Indices
VEON .VEON .(US:VEON) GlobeNewswire News Roomยท2024-09-27 05:30

Core Viewpoint - VEON Ltd. is set to have its 2027 Notes included in the J.P. Morgan EM Corporate Indices, marking a significant milestone for the company and enhancing its attractiveness to international investors [1][2]. Company Overview - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [4]. - The company is headquartered in Amsterdam and is listed on both Nasdaq and Euronext [4]. Industry Context - The J.P. Morgan CEMBI index, which VEON's 2027 Notes will be included in, tracks US-dollar denominated corporate bonds from emerging market companies, consisting of around 80 bonds from 60 issuers across 16 countries [3]. - The J.P. Morgan Asia Credit Index (JACI) serves as a benchmark for liquid, US-dollar denominated debt instruments from the Asia ex-Japan region [3].