Alcatel-Lucent to repay 2014, 2015 debt issuances

PARIS Mon Nov 4, 2013 3:51am EST

PARIS Nov 4 (Reuters) - Alcatel-Lucent said it intends to repay 2014 and 2015 debt issuances once it launches a 955 million euro ($1.3 billion) capital increase and a high-yield bond.

Chief Financial Officer Jean-Raby said on Monday that after the financial operations the telecom equipment maker's net debt would be "around break even" or 50 million euros.