Alcatel Lucent announces final terms of 1 billion euro convertible bond issue


Monday, 2 Jun 2014 11:47am EDT 

Alcatel Lucent SA:Announces final terms of 1 billion euro convertible bond issue.First tranche has initial nominal amount of about 625.8 million euros maturing on Jan. 30, 2019 (the "2019 Bonds").Second tranche has initial nominal amount of about 418.4 million euros maturing on Jan. 30, 2020 (the "2020 Bonds").Nominal value per 2019 Bond has been set at 4.11 euros and the nominal value per 2020 Bond has been set at 4.02 euros.Nominal amount of 2019 Bonds issuance may be increased by 10 pct to reach an aggregate maximum nominal amount of about 688.4 million euros.Nominal amount of the 2020 Bonds issuance may be increased by 10 pct to reach an aggregate maximum nominal amount of about 460.3 million euros.Conversion / exchange ratio of each Bond will be one new or existing Alcatel Lucent share per Bond, subject to potential adjustments.2019 Bonds will not bear interest.2020 Bonds will bear interest at annual rate of 0.125 pct, payable semi-annually.Bonds will be issued at par and redeemed at par. 

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25 Jul 2014