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VIP Finance Ireland Limited -- Moody's changes outlook on VEON to positive; affirms Ba2 ratings

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Moody's Investors Service ("Moody's") has today changed the outlook of VEON Ltd.'s ("VEON") to positive from stable, while affirming its Ba2 corporate family rating and its Ba2-PD probability of default rating (PDR). Concurrently, Moody's has affirmed the Ba2 issuer rating of VimpelCom PJSC, VEON's operating subsidiary, the Ba2 senior unsecured ratings of the outstanding bond instruments issued by VEON Holdings B.V., VEON's 100% indirectly owned subsidiary, and the Ba2 senior unsecured ratings of VIP Finance Ireland Limited.