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Orange SA agrees to sell $1.6 bln in notes


Friday, 31 Jan 2014 02:30am EST 

Orange SA:Agrees to sell $750 million in five-year fixed-rate notes and $850 million in 30-year fixed rate notes in a registered public offering in the United States.Says the proceeds of this issuance will be used for the early repayment of the 4.375 percent, $1.215 billion bonds that mature in July and that the company announced simultaneously as part of the continuous active management of its balance sheet and liquidity.Says Bank of America-Merrill Lynch, Deutsche Bank Securities, J.P.Morgan, Mitsubishi UFJ Securities and RBS are acting as bookrunners for the offering. 

Company Quote

14.93
0.16 +1.08%
16 Apr 2014