Home Page ContentPress Releases Alcatel-Lucent announces the exercise in full of the over-allotment option increasing the amount of the issuance of the new bonds convertible into and/or exchangeable for new or existing shares (OCEANE) maturing on 1 July 2018 to approximately EUR 62

Alcatel-Lucent announces the exercise in full of the over-allotment option increasing the amount of the issuance of the new bonds convertible into and/or exchangeable for new or existing shares (OCEANE) maturing on 1 July 2018 to approximately EUR 62

by david.nunes

Alcatel-Lucent announces the exercise in full of the over-allotment option increasing the amount of the issuance of the new bonds convertible into and/or exchangeable for new or existing shares (OCEANE) maturing on 1 July 2018 to approximately EUR 629 million

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Paris, 27 June 2013 – Alcatel-Lucent (Euronext Paris and NYSE : ALU, the “Company”) launched on 26 June 2013 an issuance of OCEANE maturing on 1 July 2018 (the “Bonds”).

The Joint Leaders and Joint Bookrunners of the issuance have informed the Company that they exercise in full on this date their over allotment option.

Therefore, the amount of the issuance was increased to EUR 628,946,424 corresponding to 349,414,680 Bonds.

Furthermore, the stabilizing agent, informed the Company that no stabilization was carried out during the stabilization period, which began on 26 June 2013 and ended today.

The expected date of issuance and settlement and delivery of the Bonds is 3 July 2013.

The Bonds were only subject to a private placement in France and outside France (but not in the United States of America, Canada, Australia or Japan) to persons referred to in article L. 411-2-II of the French Monetary and Financial Code(Code monétaire et financier), without a public offering in any country (including France).

The Bonds are rated CCC by Standard & Poor’s and Caa1 by Moody’s.

The Company’s long-term debt is rated Caa1 by Moody’s (rating date: 4 December 2012), with a negative outlook since 4 December 2012 and CCC by Standard & Poor’s (rating date: 21 June 2013), with a stable outlook since 21 June 2013.

This press release does not constitute a subscription offer, and the offering of the Bonds does not constitute a public offering in any country, including France.

This is an abbreviated version of a more detailed press release which can be found online athttp://resources.alcatel-lucent.com/forms/press20130624EN.cfm.

About Alcatel-Lucent (Euronext Paris and NYSE: ALU)

The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world’s foremost research centers, responsible for breakthroughs that have shaped the networking and communications industry

Alcatel-Lucent innovations are regularly recognized by international institutions for their positive impact on society. In 2012 and for the second year running, Alcatel-Lucent was named one of the Thomson Reuters Top 100 Global Innovators, recognition for the company’s continued addition to its world-class patent portfolio, one of the largest in the telecom industry. Alcatel-Lucent has also been recognized for its sustainability performance. In 2012 the company was ranked Technology Supersector Leader by the Dow Jones Sustainability Index. Through its innovations, Alcatel-Lucent is making communications more sustainable, more affordable and more accessible as we pursue our mission of Realizing the Potential of a Connected World

With operations throughout the world, Alcatel-Lucent is a local partner with global reach. The Company achieved revenues of Euro 14.4 billion in 2012 and is incorporated in France and headquartered in Paris

For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog: http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.

 

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