Press release
Paris, August 28, 2019
Not for distribution in the United States of America
Orange issues new bonds for a total notional of 2.5 billion across three tranches: a 7-year 0.0% EUR 750 million bond, a 13-year 0.5% EUR 1 billion bond and a 30-year 1.375% EUR 750 million bond.
| Currency | Format | Term | Notional | Coupon | Re-offer spread |
| EUR | Fixed rate | 2026 | 750 million | 0.000% | m/s+ 43 bps |
| EUR | Fixed rate | 2032 | 1 billion | 0.500% | m/s+ 73 bps |
| EUR | Fixed rate | 2049 | 750 million | 1.375% | m/s+138 bps |
Credit Agricole CIB, Goldman Sachs International, Barclays, BBVA, Deutsche Bank, ING are acting as Bookrunners.
Credit Agricole CIB and Goldman Sachs International are acting as Global Coordinators.
With these offerings, Orange pursues its prudent and active balance sheet management.
About Orange
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2018 and 148,000 employees worldwide at 30 June 2019, including 89,000 employees in France. The Group has a total customer base of 266 million customers worldwide at 30 June 2019, including 207 million mobile customers and 20 million fixed broadband customers. The Group is present in 27 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
For more information on the internet and on your mobile: www.orange.com, www.orange-business.com or to follow us on Twitter: @orangegrouppr.
Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.
Press contacts: +33 1 44 44 93 93
Olivier Emberger; olivier.emberger@orange.com
Tom Wright; tom.wright@orange.com
CAUTION: NOT FOR DISTRIBUTION IN THE UNITED STATES
This press release, of a purely informative nature, is not and cannot in any way be construed as an offering to sell any securities, or as a solicitation of any offer to buy securities, in any jurisdiction, including the United States, Japan, Australia, Canada and the United Kingdom. The securities mentioned in this press release have not been and will not be registered pursuant to the US Securities Act of 1933, as modified. They cannot be offered or sold in the United States absent registration or an exemption from registration. No public offer of these securities has been or will be made in the United States or elsewhere.
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