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Orange — Capital/Financing Update 2011
Nov 17, 2011
1574_iss_2011-11-17_f7af0437-57ad-4ab3-889a-720226ad6db2.pdf
Capital/Financing Update
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France Telecom prices a JPY 44.3 billion bond
France Telecom has priced a Samurai bond offering for a total of JPY 44.3 billion:
| Currency | Format | Term | Notional | Coupon | Re-offer spread (vs swap) |
|---|---|---|---|---|---|
| JPY | Fixed rate | 5 years | 44.3 billion | 1.13% | 63 bp |
Following a roadshow that took place on November 7-8 in Tokyo, France Telecom has issued a Yen denominated bond, representing an equivalent of approximately 427 million EUR.
This bond issue fits well the Group's financing policy, which consists in actively anticipating its debt redemptions and diversifying its funding sources. Furthermore, this second Yen transaction under the Samurai format, further to the one issued in June 2010, illustrates the intention of France Telecom to maintain a regular presence in this market.
About Orange
France Telecom-Orange is one of the world's leading telecommunications operators with 170,000 employees worldwide, including 102,000 employees in France, and sales of 33.8 billion euros in the first nine months of 2011. Present in 35 countries, the Group had a customer base of 221 million customers at 30 September 2011, including 145 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. At 30 September 2011, the Group had 162 million mobile customers and 14 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development
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.orange-innovation.tv Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.
Press contacts: +33 1 44 44 93 93 Tom Wright, [email protected] Mylène Blin, [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.