France Telecom offers USD 900 million in 30-year notes
Paris, January 10, 2012
France Telecom placed in the United States USD 900 million in 30-year notes, in one tranche.
Most of this bond is swapped into EUR at a rate of 4.88 %.
The Group has seized a window of opportunity in the dollar bond market to continue to extend the maturity of its debt while anticipating further its future redemptions and keeping diversifying its funding sources.
BNP Paribas, BofA Merrill Lynch, HSBC and Morgan Stanley are acting as bookrunners.
press contacts
+33 (1) 44 44 93 93
Tom Wright, tom.wright@orange.com
Mylène Blin, mylene.blin@orange.com
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Alternatively, any underwriter participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. at 1-800-854-5674 (toll-free),, HSBC Securities (USA) Inc. at 1-866-811-8049 (toll free), Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1- 800-294-1322 (toll free) and Morgan Stanley & Co. LLC at 1-866-718-1649 (toll-free) or France Telecom at +33 1 44 44 22 22.
This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) in the United Kingdom to qualified investors (as defined in the Prospectus Directive) who are (a) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Notes will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
Not for distribution in Japan.
Most of this bond is swapped into EUR at a rate of 4.88 %.
The Group has seized a window of opportunity in the dollar bond market to continue to extend the maturity of its debt while anticipating further its future redemptions and keeping diversifying its funding sources.
BNP Paribas, BofA Merrill Lynch, HSBC and Morgan Stanley are acting as bookrunners.
press contacts
+33 (1) 44 44 93 93
Tom Wright, tom.wright@orange.com
Mylène Blin, mylene.blin@orange.com
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Alternatively, any underwriter participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. at 1-800-854-5674 (toll-free),, HSBC Securities (USA) Inc. at 1-866-811-8049 (toll free), Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1- 800-294-1322 (toll free) and Morgan Stanley & Co. LLC at 1-866-718-1649 (toll-free) or France Telecom at +33 1 44 44 22 22.
This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) in the United Kingdom to qualified investors (as defined in the Prospectus Directive) who are (a) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Notes will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
Not for distribution in Japan.
About Orange
France Telecom-Orange is one of the world’s leading telecommunications operators with 171,000 employees worldwide, including 105,000 employees in France, and sales of 10.9 billion euros in the first three months of 2012. Present in 33 countries, the Group had a customer base of 225 million customers at 31 March 2012, including 181 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. At 31 March 2012, the Group had 166 million mobile customers and 15 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.
For more information (on the internet and on your mobile): www.orange.com, www.orange-business.com, www.orange-innovation.tv or to follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.
With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.
For more information (on the internet and on your mobile): www.orange.com, www.orange-business.com, www.orange-innovation.tv or to follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.
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© France Telecom - Orange 2012
