Paris, October 26, 2016
Not for distribution in the United States of America nor in Japan
Orange issues a 10-year 0.875% EUR 750 million bond
Orange has agreed to sell EUR 750 million of notes due February 2027 with a coupon of 0.875%.
|EUR||Fixed rate||2027||750 million||0.875%||m/s + 45 bps|
BBVA, Citigroup, HSBC and Natixis are acting as bookrunners for the offering.
Such offering follows the issuance yesterday of a USD 1.25 billion bond due 2019, at a negative rate after hedging in euro, and illustrates the ability of the Group to take advantage of favourable market conditions to optimize its average cost of debt.
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.
Orange is one of the world's leading telecommunications operators with sales of 40 billion euros in 2015 and 154,000 employees worldwide at 30 September 2016, including 95,000 employees in France. Present in 29 countries, the Group has a total customer base of 256 million customers worldwide at 30 September 2016, including 194 million mobile customers and 18 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan "Essentials2020" which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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