Press release : Orange announces the results of its tender offer on outstanding NC2024 hybrid notes
14 Abril 2023 - 6:01AM
Press release : Orange announces the results of its tender offer on
outstanding NC2024 hybrid notes
Press release
Paris, 14 April 2023
Not for distribution in the United States
of America
Orange announces the results of its
tender offer on outstanding NC2024 hybrid notes
Orange announces today the results of the tender
offer launched on 5 April 2023 (the “Tender
Offer”) in relation to its €1,000,000,000 Undated 10 Year
Non-Call Deeply Subordinated Fixed to Reset Rate Notes with first
call date on 7 February 2024 (ISIN XS1028599287) (the
“Notes”).
The aggregate principal amount of Notes validly
tendered and accepted for purchase is €801,657,000. The aggregate
nominal amount of Notes outstanding after settlement date, which is
expected to be 18 April 2023, will be €198,343,000.
About Orange
Orange is one of the world’s leading
telecommunications operators with sales of 43.5 billion euros in
2022 and 136,000 employees worldwide at 31 December 2022, including
75,000 employees in France. The Group has a total customer base of
287 million customers worldwide at 31 December 2022, including 242
million mobile customers and 24 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. In
February 2023, the Group presented its strategic plan « Lead the
future », built on a new business model and guided by
responsibility and efficiency. « Lead the future » capitalizes on
network excellence to reinforce Orange's leadership in service
quality. 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/, and the Orange News app 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 contact:
Tom Wright: tom.wright@orange.com; +33 6 78 91
35 11
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_Tender_offer_Results_EN_2023_04_14