Orrick Advises Telenor on the Sale of a Portion of its Stake in VimpelCom
Orrick advised Norwegian mobile telecom company Telenor ASA (OSL: TEL), a longstanding firm client, in its $500 million public offering in the United States of 142.5 million of its VimpelCom Ltd. (NASDAQ: VIP) American Depository Shares (ADSs), as well as a Regulation S offering outside the U.S. to non-U.S. persons of $1 billion of 0.25% bonds due 2019 that are exchangeable for VimpelCom ADSs.