VimpelCom prices of 142,500,000 ADSs by selling shareholder Telenor East

VimpelCom Ltd. (NASDAQ: VIP) has priced an offering by selling shareholder Telenor East Holding II AS of 142,500,000 American Depositary Shares (ADSs), the company said.

The company said will not receive any proceeds from the sale of the ADSs by Telenor, and Telenor´s sale of the ADSs will not result in dilution of the Company´s issued and outstanding shares.

Morgan Stanley and J.P. Morgan are acting as joint global coordinators and joint bookrunners and Citigroup and Credit Suisse are acting as joint bookrunners for the offering.

VimpelCom is a provider of telecommunications and digital services headquartered in Amsterdam and serving over 200 million customers with voice, fixed broadband, data and digital services.