ONE 06/02 05:57 Alcatel-Lucent: Alcatel-Lucent launches an offering of new convertible bonds as part of The Shift Plan
BN 06/02 05:59 *ALCATEL-LUCENT TO APPLY TO LIST 2019, 2020 BONDS ON EURONEXT
BN 06/02 05:59 *ALCATEL-LUCENT: PROCEEDS TO ENABLE $1.75B LOAN REIMBURSEMENT
BN 06/02 05:59 *ALCATEL-LUCENT TO USE PROCEEDS TO REPAY CREDIT LINE
BN 06/02 05:58 *ALCATEL-LUCENT SAYS BOND SALE MAY BE INCREASED BY 10%
BN 06/02 05:58 *ALCATEL-LUCENT: NOMINAL AMOUNT EU400M MATURES JAN. 30 '20
BN 06/02 05:58 *ALCATEL-LUCENT: NOMINAL AMOUNT EU600M MATURES JAN. 30 '19
BN 06/02 05:57 *ALCATEL-LUCENT OFFERS EU1B OF BONDS
BN 06/02 05:57 *ALCATEL-LUCENT: FIRST TRANCHE OF INITIAL NOMINAL AMOUNT EU600M
BN 06/02 05:57 *ALCATEL-LUCENT STARTS OFFERING OF NEW CONV BONDS
BN 06/02 05:57 *ALCATEL-LUCENT: ALCATEL-LUCENT STARTS OFFERING OF NEW CONV BOND
BN 06/02 05:59 *ALCATEL-LUCENT TO APPLY TO LIST 2019, 2020 BONDS ON EURONEXT
BN 06/02 05:59 *ALCATEL-LUCENT: PROCEEDS TO ENABLE $1.75B LOAN REIMBURSEMENT
BN 06/02 05:59 *ALCATEL-LUCENT TO USE PROCEEDS TO REPAY CREDIT LINE
BN 06/02 05:58 *ALCATEL-LUCENT SAYS BOND SALE MAY BE INCREASED BY 10%
BN 06/02 05:58 *ALCATEL-LUCENT: NOMINAL AMOUNT EU400M MATURES JAN. 30 '20
BN 06/02 05:58 *ALCATEL-LUCENT: NOMINAL AMOUNT EU600M MATURES JAN. 30 '19
BN 06/02 05:57 *ALCATEL-LUCENT OFFERS EU1B OF BONDS
BN 06/02 05:57 *ALCATEL-LUCENT: FIRST TRANCHE OF INITIAL NOMINAL AMOUNT EU600M
BN 06/02 05:57 *ALCATEL-LUCENT STARTS OFFERING OF NEW CONV BONDS
BN 06/02 05:57 *ALCATEL-LUCENT: ALCATEL-LUCENT STARTS OFFERING OF NEW CONV BOND
Alcatel-Lucent Starts Offer of EU1b New Convertibles in Total
2014-06-02 06:03:43.17 GMT
By Gaurav Panchal
June 2 (Bloomberg) -- Alcatel-Lucent launches convertible
offering into and/or exchangeable for new and/or existing shares
in two tranches:
* First tranche of initial nominal amount of ~EU600m maturing
on Jan. 30 2019
* Second tranche of initial nominal amount of ~EU400m maturing
on Jan. 30 2020
* 2019 issuance may be increased by 10% to reach aggregate
maximum nominal amount of ~EU660m, 2020 issuance by 10% to
reach EU440m, if over-allotment options exercised in full
* Proceeds to be used to enable partial/full reimbursement of
the senior secured credit facility of initial principal
amount of $1.75b entered into by Alcatel-Lucent USA
* Par value of each bond will correspond to an issue premium
between 35% and 40% for 2019 bonds and between 32% and 37%
for the 2020 Bonds over Alcatel-Lucent’s reference share
price
* 2019 bonds will be issued at par on June 10, 2020 will be
issued at par on June 10
* Statement:{NSN N6J1V23V2800 <GO>}
Link to Company News:{ALU FP <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net
2014-06-02 06:03:43.17 GMT
By Gaurav Panchal
June 2 (Bloomberg) -- Alcatel-Lucent launches convertible
offering into and/or exchangeable for new and/or existing shares
in two tranches:
* First tranche of initial nominal amount of ~EU600m maturing
on Jan. 30 2019
* Second tranche of initial nominal amount of ~EU400m maturing
on Jan. 30 2020
* 2019 issuance may be increased by 10% to reach aggregate
maximum nominal amount of ~EU660m, 2020 issuance by 10% to
reach EU440m, if over-allotment options exercised in full
* Proceeds to be used to enable partial/full reimbursement of
the senior secured credit facility of initial principal
amount of $1.75b entered into by Alcatel-Lucent USA
* Par value of each bond will correspond to an issue premium
between 35% and 40% for 2019 bonds and between 32% and 37%
for the 2020 Bonds over Alcatel-Lucent’s reference share
price
* 2019 bonds will be issued at par on June 10, 2020 will be
issued at par on June 10
* Statement:{NSN N6J1V23V2800 <GO>}
Link to Company News:{ALU FP <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net