Debt and rating

The Group maintain the objective of a ratio net debt to Telecom EBITDAaL around 2x in the medium term in order to preserve Orange's financial strength and investment capacity.

 

Information on debt

 

Orange's debt ratings

	Standard & Poor's	Moody's	Fitch Ratings
Long-term period debt	BBB+	Baa1	BBB+
Outlook	Stable	Positive	Stable
Short-term period debt	A2	P2	F2

 

 

 

 

Green, Social, Sustainability Bonds

 

Orange Sustainability-Linked Financing Framework

Moody's Second Party Opinion on Orange Sustainability-Linked Financing Framework

Vigeo Eiris opinion

Orange Sustainability Financing Framework

Sustainability Bond - Allocation and Impact Report 2023

 

 

EMTN programme

On 8 June 2023, Orange renewed its €35 billion Euro Medium Term Note programme.
The Programme’s Base Prospectus and all related documentation are available in the Investors' Library.

Orange’s debt securities bought back

More information regarding Orange’s debt securities bought back during each half is available in our Investors' Library.

 

Find all the information available for investors and analysts.

Results
 

Investors' conferences

Financial press releases

Regulated information

Share, dividend and consensus

Investors' Library

Find all our latest financial information as well as our document library for investors and analysts.