Communiqué: Orange issues new bonds for a total notional of 1.5 billion across two tranches
23 Junho 2021 - 2:32PM
Communiqué: Orange issues new bonds for a total notional of 1.5
billion across two tranches
Press release
Paris, 23 June 2021
Not for distribution in the United States
of America
Orange issues new bonds for a total notional of
1.5 billion across two tranches
Orange issues new bonds for a total notional of
1.5 billion across two tranches: a 5-year 0.0% EUR 700 million bond
and a 13-year 0.75% EUR 800 million bond.
Currency |
Format |
Term |
Notional |
Coupon |
Re-offer spread |
EUR |
Fixed rate |
2026 |
700 million |
0.00% |
m/s + 25 bps |
EUR |
Fixed rate |
2034 |
800 million |
0.75% |
m/s + 55 bps |
J.P.Morgan AG, Société Générale, Bank of America
Securities, La Banque Postale, MUFG, Santander, Standard Chartered
and UniCrédit are acting as Bookrunners.
J.P.Morgan and Société Générale are acting as
Global Coordinators.
With these offerings, Orange is pursuing its
prudent and active balance sheet management policy.
About Orange
Orange is one of the world’s leading
telecommunications operators with sales of 42.3 billion euros in
2020 and 140,000 employees worldwide at 31 March 2021, including
80,000 employees in France. The Group has a total customer base of
262 million customers worldwide at 31 March 2021, including 217
million mobile customers and 22 million fixed broadband customers.
The Group is present in 26 countries. Orange is also a leading
provider of global IT and telecommunication services to
multinational companies under the brand Orange Business Services.
In December 2019, the Group presented its new "Engage 2025"
strategic plan, which, guided by social and environmental
accountability, aims to reinvent its operator model. While
accelerating in growth areas and placing data and AI at the heart
of its innovation model, the Group will be an attractive and
responsible employer, adapted to emerging professions.
Orange is listed on Euronext Paris (symbol ORA)
and on the New York Stock Exchange (symbol ORAN).
For more information on the internet and on your
mobile: www.orange.com, www.orange-business.com or to follow us on
Twitter: @orangegrouppr.
Orange and any other Orange product or service
names included in this material are trademarks of Orange or Orange
Brand Services Limited.
Press contacts:
Tom Wright; tom.wright@orange.com; +33 6 78 91 35
11
Caroline Cellier; caroline.cellier@orange.com; +33
6 07 25 00 06
CAUTION: NOT FOR DISTRIBUTION IN THE UNITED
STATES
This press release, of a purely informative
nature, is not and cannot in any way be construed as an offering to
sell any securities, or as a solicitation of any offer to buy
securities, in any jurisdiction, including the United States,
Japan, Australia, Canada and the United Kingdom. The securities
mentioned in this press release have not been and will not be
registered pursuant to the US Securities Act of 1933, as modified.
They cannot be offered or sold in the United States absent
registration or an exemption from registration. No public offer of
these securities has been or will be made in the United States or
elsewhere.
- PR_Orange_bond_issue_EN_230621