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.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.