AI assistant
Orange — Capital/Financing Update 2010
Mar 31, 2010
1574_iss_2010-03-31_7e4a7d83-32c6-4018-a55d-a3101bc4a923.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
France Telecom offers a EUR 1 billion bond
France Telecom has closed a EUR 1 billion bond offering:
| Currency | Format | Term | Notional | Coupon | Re-offer spread (vs swap) |
|---|---|---|---|---|---|
| EUR | Fixed rate | 10 years | 1 billion | 3.875% | 70 bp |
The Group has issued a Euro denominated bond, taking advantage of excellent market conditions notably materialised by historically low levels of interest rates.
About France Telecom
France Telecom, one of the world's leading telecommunications operators, had in 2009 total sales of 50.9 billion euros, including its activities in the United Kingdom, and, at 31 December 2009, a customer base of almost 193 million customers in 32 countries. Orange, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates, now covers 131.8 million customers. At 31 December 2009, the Group had 132.6 million mobile customers and 13.5 million broadband internet (ADSL) customers worldwide. Orange is the number three mobile operator and the number two 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 (on the internet and on your mobile): www.orange.com, www.orange-business.com, www.orangeinnovation.tv
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited.
Press contacts: +33 1 44 44 93 93 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.