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General

Alcatel-Lucent announces early bond redemption

Tuesday 12 January 2016 | 11:08 CET | News
Alcatel-Lucent has sent a notice of redemption for USD 1.85 billion senior notes issued by Alcatel-Lucent USA as part of Nokia's planned USD 7 billion capital structure optimisation programme announced in October 2015. The notes in question are USD 650 million 4.625 percent notes due July 2017, USD 500 million 8.875 percent notes due January 2020 and USD 700 6.75 percent notes due November 2020. The capital restructure optimisation programme aims to reduce the combined group's interest-bearing liabilities by about EUR 2 billion. The notes will be redeemed on 10 February.

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Categories: General
Companies: Alcatel-Lucent / Nokia
Countries: World
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