France Telecom offers a 40-year GBP 250 million bond
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Paris, November 16, 2010
After the announcement on November 10 of its tender offer to purchase up to EUR 1 billion of its outstanding 2012 and 2013 bonds, France Telecom has issued a 40-year GBP bond. The Group approached the market on the basis of a GBP 250 million no-grow transaction, which met a strong demand from UK investors.
The entire bond was swapped into EUR at a rate of 4.46% per annum.
HSBC and Société Générale have acted as bookrunners.
Not for distribution in the United States
After the announcement on November 10 of its tender offer to purchase up to EUR 1 billion of its outstanding 2012 and 2013 bonds, France Telecom has issued a 40-year GBP bond. The Group approached the market on the basis of a GBP 250 million no-grow transaction, which met a strong demand from UK investors.
The entire bond was swapped into EUR at a rate of 4.46% per annum.
HSBC and Société Générale have acted as bookrunners.
press contact
+33 1 44 44 93 93
Bertrand Deronchaine, bertrand.deronchaine@orange-ftgroup.com
Tom Wright, tom.wright@orange-ftgroup.com
NOT FOR DISTRIBUTION IN THE UNITED STATES
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.
Bertrand Deronchaine, bertrand.deronchaine@orange-ftgroup.com
Tom Wright, tom.wright@orange-ftgroup.com
NOT FOR DISTRIBUTION IN THE UNITED STATES
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.
© France Telecom - Orange 2012
