VEON Ltd. announced on September 27, 2024, that its VEON Holdings B.V. notes due November 2027 are expected to be included in the J.P. Morgan EM Corporate Indices (CEMBI, JACI, and JSEG) by the end of September 2024. The CEMBI index, launched in 2007, tracks US-dollar denominated corporate bonds issued by emerging market companies.
This inclusion is a positive development for VEON and its investors, as it enhances the visibility and attractiveness of the company's debt instruments to a broader international investor base. Group CEO Kaan Terzioglu stated that this progress makes the VEON story more appealing for investors.
The re-entry into these benchmark indices reflects growing market confidence in VEON's financial health and strategic direction. It provides a unique opportunity for international investors to participate in the growth opportunities within Central and South Asia, where VEON operates.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.