reports
- Thijs Berkelder
- Thijs Berkelder
- Stephane Beyazian
- Stephane Beyazian
- Carole Braudeau
- Carole Braudeau
Orange: Orange announces the results of its tender offer on outstandin...
Orange: Orange announces the results of its tender offer on outstanding hybrid notes Press releaseParis, 20 June 2025 NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA Orange announces the results of its tender offer on outstanding hybrid notes Orange S.A. announces today the results of a tender offer launched on June 12, 2025 (the Tender Offer) to repurchase part of two Series of outstanding undated non-call deeply subordinated fixed to reset rate notes, as follows: In respect of its €1.25 billion Undated 12 Year Non-Call Deeply Subordinated Fixed to Reset Rate Notes with first rese...
Orange : Orange annonce les résultats de son offre de rachat sur des o...
Orange : Orange annonce les résultats de son offre de rachat sur des obligations hybrides existantes Communiqué de presseParis, 20 juin 2025 NE PAS DISTRIBUER AUX ETATS-UNIS D’AMÉRIQUE Orange annonce les résultats de son offre de rachat sur des obligations hybrides existantes Orange annonce aujourd’hui les résultats de l’offre de rachat initiée le 12 juin 2025 (l’« Offre de Rachat ») en vue du rachat partiel de deux souches d'obligations super-subordonnées à durée indéterminée et portant intérêt à taux fixe réajustable en circulation. Les détails de ces résultats sont décrits ci-dessous ...
- Felix Fischer
- Haidje Rustau
- Jayanth Kandalam
- Peter Low
- Tanvi Arora
- Trung Nguyen
- James Ratzer
Vodafone to Virgin spectrum sale: More details revealed
As part of the Vodafone-Three merger (VOD3UK), the merging companies committed to sell a portfolio of spectrum to VMO2. The details of that spectrum portfolio have now been formally disclosed by Ofcom, which has published a notification listing the frequencies that are due to be transferred (LINK). In this note, we run through the final decisions and implications for potential UK revenue share.
- Felix Fischer
- Haidje Rustau
- Jayanth Kandalam
- Si Yong Ng
- Tanvi Arora
- Trung Nguyen
Lucror Analytics - Morning Views Europe
In today's Morning Views publication we comment on developments of the following high yield issuers: Loewen Play, TeamSystem, Eircom, United Group, Telecom Italia, Cheplapharm, Virgin Media O2, Tata Motors, Benteler International, Lottomatica (formerly Gamenet), Crown Holdings
- Carole Braudeau
- Carole Braudeau
- James Ratzer
BT (Buy, 265p, +47%) Was 240p Upside beyond the mythical £3bn FCF t...
BT’s target to reach £3bn FCF by the end of the decade has almost become mythical in status. Initially set back in 2021, is it the longest-standing piece of guidance (ever) in the telecoms sector? Quite possibly – and yet we are only half-way there.
- Carole Braudeau
- Carole Braudeau
Orange: Orange issues 750 million euros of hybrid notes
Orange: Orange issues 750 million euros of hybrid notes Press releaseParis, 12 June 2025 NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA Orange issues 750 million euros of hybrid notes Orange S.A. (the Company) successfully priced the issuance of €750 million undated deeply subordinated fixed to reset rate notes with a first call date as of 24 March 2032 and with a fixed coupon of 3.875% until the first reset date (the New Notes). The New Notes are intended to be admitted to trading on Euronext Paris. It is also expected that the rating agencies will assign the New Notes a rating ...
Orange : Orange émet 750 millions d’euros d'obligations hybrides
Orange : Orange émet 750 millions d’euros d'obligations hybrides Communiqué de presseParis, 12 juin 2025 NE PAS DISTRIBUER AUX ETATS-UNIS D’AMÉRIQUE Orange émet 750 millions d’euros d'obligations hybrides Orange S.A. (la Société) a émis 750 millions d’euros d’obligations super-subordonnées à durée indéterminée libellées en euros, incluant une première option de remboursement anticipé au gré de la Société à partir du 24 mars 2032 et portant intérêt à taux fixe réajustable, avec un coupon de 3,875% jusqu’à la première date d’ajustement (les Nouvelles Obligations). Il est prévu que les No...
- Carole Braudeau
Morning Crédit 12/06/2025
Fnac Darty – Investor Day : plan de renforcement des marges et des cash-flows avec maintien d’un levier bas|TDF : les actionnaires auraient choisi des banques pour diriger une possible vente|Clariane va céder son réseau Petits-fils à Crédit Agricole Santé & Territoires pour 345 m EUR|Déclarations d’Andrea Orcel sur Commerzbank et BPM|
- Carole Braudeau
Credit Morning 06/12/2025
Fnac Darty – Investor Day: a plan to strengthen margins and cash flows while maintaining a low leverage target|TDF: shareholders have reportedly chosen banks to manage a potential sale (Bloomberg)|Clariane is selling its Petits-fils network to Crédit Agricole Santé & Territoires for €345m.|Andrea Orcel's statements on Commerzbank and BPM|
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.