MOSCOW, January 27, 2011 /PRNewswire/ -- Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company"), today announced that it has priced US$1.5 billion in debt financing, split between 5-year and 10-year tranches, through loan participation notes to be issued in the international bond markets. The 5-year US$0.5 billion issue will bear an annual interest rate of 6.493% and will be due in February 2016. The 10-year US$1.0 billion issue will bear an annual interest rate of 7.748% and will be due in February 2021.

TORTOLA, British Virgin Islands, January 24, 2011 /PRNewswire/ -- Tranen Capital Ltd. is pleased to announce the launch of a new Note Program, Tranen Capital Longevity Notes Ltd., offering investors the option to link protective investments to the Tranen Capital Growth Fund Ltd., a Fund that manages life settlement policies opportunistically, with several risk-protected structures. These structures will reduce investors' risk by providing (i) A-rated protection against longevity risk (that of insureds living beyond their life expectancies, the single most important factor in determining the relative success of an investment in life settlements) through the purchase of longevity mitigation insurance that will pay the face amount of any policy held by the Fund that does not mature within the projected life expectancy, and/or (ii) A-rated principal protection through the purchase of a structured (zero-coupon term) note, which will return 100% of investors' principal at the end of the term. In addition, (iii) investors may choose to hedge, or protect against, the investment risk by purchasing a bond to be used as collateral for an investment in the Growth Fund.