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General

Orange issues EUR 1 bln hybrid bond

Thursday 4 April 2019 | 09:41 CET | News
Orange has raised EUR 1 billion through the issue of a hybrid bond announced on 03 April. The company also confirmed that it has launched a tender offer to repurchase three outstanding hybrid bonds. It said that the funds from the new bond will be used to finance the partial repurchase of the existing bonds, adding that the aggregate amount of its hybrid bond portfolio will remain unchanged as a result of these transactions.

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Categories: General
Companies: Orange
Countries: France
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