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Orange — Capital/Financing Update 2009
Apr 30, 2009
1574_rns_2009-04-30_5c2e2750-5dee-4241-afe9-94ef23ce4ce7.pdf
Capital/Financing Update
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France Telecom offers a GBP 750 million bond
France Telecom has closed a GBP 750 million bond offering:
| Currency | Format | Term | Notional | Coupon | Re-offer spread (vs Gilt) |
|---|---|---|---|---|---|
| GBP | Fixed rate | 7 years | 750 million | 5% | 215 bp |
The Group has seized a window in the Sterling bond market to diversify its investor base and optimize its debt.
About France Telecom
France Telecom, one of the world's leading telecommunications operators, had consolidated sales of 53.5 billion euros in 2008 (12.7 billion euros in the first quarter of 2009) and, at 29 April 2009, a customer base of more than 183.5 million customers in 30 countries. Orange, the Group's single brand for Internet, television and mobile services in the majority of countries where the company operates, now covers 123 million customers. At the first quarter of 2009, the Group had 123 million mobile customers worldwide and 13 million broadband Internet (ADSL) customers in Europe. Orange is the number three mobile operator and the number one provider of broadband Internet services in Europe and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
The Group's strategy, which is characterized by a strong focus on innovation, convergence and effective cost management, aims to establish Orange as an integrated operator and benchmark for new telecommunications services in Europe. Today the Group remains focused on its core activities as a network operator, while working to develop its position in new growth activities. To meet customer expectations, the Group strives to provide products and services that are simple and user-friendly, while maintaining a sustainable and responsible business model that can be adapted to the requirements of a fast-paced and changing eco-system.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange. For more information: www.orange.com, www.francetelecom.com, www.orange-business.com
Press contacts: +33 1 44 44 93 93 Bertrand Deronchaine – [email protected] Tom Wright – [email protected]
This press release is not an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction, including the United States, Japan, Australia, Canada, Spain, United Kingdom, Germany or Italy. The securities mentioned in this press release have not been and will not be registered pursuant to the US Securities Act of 1933. They cannot be offered or sold in the United States absent registration or an exemption from registration. No public offer of the securities has been or will be made in the United States or elsewhere.